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Cepheid (CPHD) Looks Good: Stock Adds 8% in Session
Cepheid was a big mover last session, as its shares rose a little over 8% on the day. The move came on the back of the company’s release of its second-quarter 2016 results. This led to 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 $29.55 to $34.20 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.
Cepheid currently sports a Zacks Rank #1 (Strong Buy) while its Earnings ESP is 0.00%.
CEPHEID INC Price
CEPHEID INC Price | CEPHEID INC Quote
Another stock worth considering in the med-instruments space is Mesa Laboratories Inc. (MLAB - Free Report) , which also sports a Zacks Rank #1 (Strong Buy).
Is CPHD going up? Or down? Predict to see what others think: Up or Down
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