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MediWound (MDWD) in Focus: Stock Moves 23.4% Higher

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MediWound Ltd. (MDWD - Free Report) was a big mover last session, as its shares rose over 23% 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 $6.37 to $7.77 in the past one-month time frame.

Over the last 30 days, the company witnessed three negative estimate revisions and the Zacks Consensus Estimate also moved lower, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent move higher can last.

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

A better-ranked stock in the med-drugs space is Eisai Co., Ltd. , which sports a Zacks Rank #1 (Strong Buy).

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

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