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AVEO Pharmaceuticals (AVEO) Catches Eye: Stock Up 10.4%

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AVEO Pharmaceuticals, Inc. was a big mover last session, as its shares rose over 10% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. Yesterday’s rally breaks the trend for the company, as the stock is now trading above the volatile price range of 92 cents to 99 cents in the past one-month time frame.

Over the last 30 days, the company did not witness any estimate revision and the Zacks Consensus Estimate also remained unchanged. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

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

Another favorably ranked biomedical stock is ANI Pharmaceuticals, Inc. (ANIP - Free Report) with a Zacks Rank #1 (Strong Buy).

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

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