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Corindus Vascular Robotics (CVRS) Jumps: Stock Up 8.3%

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Corindus Vascular Robotics 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 $0.96 to $1.33 in the past one-month time frame.

The company has seen one negative revision in the past one month and its Zacks Consensus Estimate also moved lower over the same time frame, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward to see if yesterday’s move higher lasts.

Corindus Vascular Robotics currently carries a Zacks Rank #3 (Hold), while its Earnings ESP is 0.00%.

A better-ranked stock in the medical instruments industry is CryoLife Inc. , sporting a Zacks Rank #1 (Strong Buy).

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

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