Back to top

Image: Bigstock

ArQule (ARQL) Shows Strength: Stock Adds 8% in Session

Read MoreHide Full Article

ArQule Inc. was a big mover last session, as its shares rose 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 $1.64 to $1.85 in the past one-month time frame.

None of the estimates for this stock were revised over the past 30 days. The Zacks Consensus Estimate 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.

ArQule currently has a Zacks Rank #2 (Buy) while its Earnings ESP is 0.00%.

A better-ranked med-drugs stock is Bio Blast Pharma Ltd. sporting a Zacks Rank #1(Strong Buy).

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

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>

Published in