BioLineRx, Ltd. (BLRX) was a big mover last session, as the company saw its shares rise almost 16% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. Yesterday’s jump breaks the trend for the company since Feb 20, as the stock is now trading above the volatile price range of $2.24 to $2.42.
Over the last 30 days, this company did not witness any estimate revision and the Zacks Consensus Estimate also remained unchanged. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
BioLineRx currently has a Zacks Rank #2 (Buy) while its Earnings ESP is 0.00%.
Investors interested in the med-drugs industry may also consider Lannett Company, Inc. (LCI) which sports a Zacks Rank #1 (Strong Buy).
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BioLineRx (BLRX) Looks Good: Stock Adds 15.6% in Session - Tale of the Tape
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