Nanosphere (NSPH) Jumps: Stock Rises 14.6%

Nanosphere, Inc. (NSPH) was a big mover last session, as its shares rose nearly 15% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company, as the stock is now up nearly 28% in the past one-month timeframe.

In the last 30 days, the 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 going forward.

Nanosphere currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

Other better-ranked stocks in the medical sector include Affymetrix Inc. (AFFX), ANI Pharmaceuticals, Inc. (ANIP) and Actelion Ltd. (ALIOF). All three sport a Zacks Rank #1 (Strong Buy).

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