Sangamo Biosciences Inc. (SGMO) was a big mover last session with shares rising over 7% 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 past one month’s volatile price range of $11.01 to $13.86.
This biopharmaceutical company has seen no estimate revision in the last 30 days. The Zacks Consensus Estimate has also remained unchanged over the same time frame. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Sangamo Biosciences currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
Investors interested in the biomedical industry may also consider stocks like Biogen Idec Inc. (BIIB), Affymetrix Inc. (AFFX) and ANI Pharmaceuticals, Inc. (ANIP). All the three stocks sport a Zacks Rank #1 (Strong Buy).
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SANGAMO BIOSCIENCES INC (SGMO): Free Stock Analysis Report
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