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Ligand Pharmaceuticals (LGND) Jumps: Stock Rises 5.5%

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Ligand Pharmaceuticals Incorporated (LGND - Free Report) was a big mover last session, as its shares rose almost 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up 18.5% 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.

Ligand Pharmaceuticals currently carries a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

A better-ranked stock in the med-biomed/gene space is ANI Pharmaceuticals, Inc. (ANIP - Free Report) , which sports a Zacks Rank #1 (Strong Buy).

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

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