Exactech Inc. EXAC was a big mover last session with its shares rising roughly 6% on the day. The move came on solid volume with far more shares changing hands yesterday than in a normal session. This breaks the recent trend of the company as the stock is now trading above the past month’s volatile price range of $18.36 to $19.25.
This medical appliances and equipment company has seen no estimate revision in the last 30 days. The Zacks Consensus Estimate has also remained unchanged over the same period. Yesterday’s rally is encouraging though, so make sure to keep a close watch on this firm in the near future.
Exactech currently has a Zacks Rank #3 (Hold) and its Earnings ESP is 0.00%.
Investors interested in the Medical Instruments industry may consider ABIOMED, Inc. ABMD. The stock carries a Zacks Rank #1 (Strong Buy).
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