Rite Aid Corporation (RAD) was a big mover last session, as its shares rose over 8% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $6.05 to $6.92 in the past one-month timeframe.
In the last 30-day frame, the company witnessed one negative estimate revisions while the Zacks Consensus Estimate remained unchanged. Yesterday’s price rally is encouraging though, so make sure to keep a close watch on this firm in the near future.
Rite Aid currently has a Zacks Rank #1 (Strong Buy) while its Earnings ESP is 0.00%.
Other better-ranked stocks in the medical sector include ANI Pharmaceuticals, Inc. (ANIP), ZIOPHARM Oncology, Inc. (ZIOP) and Alexion Pharmaceuticals, Inc. (ALXN). While ANI Pharmaceuticals and ZIOPHARM Oncology sport a Zacks Rank #1 (Strong Buy), ALexion carries a Zacks Rank #2 (Buy).
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RITE AID CORP (RAD): Free Stock Analysis Report
ANI PHARMACEUTICALS INC (ANIP): Free Stock Analysis Report
ZIOPHARM ONCOLOGY INC (ZIOP): Free Stock Analysis Report
ALEXION PHARMACEUTICALS INC (ALXN): Free Stock Analysis Report
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Rite Aid (RAD) Jumps: Stock Up 8.4%
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