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BioScrip (BIOS) in Focus: Stock Adds 8.4% in Session

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BioScrip , Inc. was a big mover last session, as the company saw its shares rise 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 $2.40 to $2.82 in the past one-month time frame.

In the last 30 days, the company witnessed two negative estimate revisions and the Zacks Consensus Estimate also moved lower, signaling trouble down the road. So make sure to keep an eye on this stock going forward to see if yesterday’s move higher lasts.

BioScrip currently carries a Zacks Rank #4 (Sell), while its Earnings ESP is negative.

A better-ranked stock in the Home Health Care industry is LHC Group Inc. , sporting a Zacks Rank #1 (Strong Buy).

Is BIOS going up? Or down? Predict to see what others think: Up or Down

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