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QLT Inc. (QLTI) in Focus: Stock Adds 6.9% in Session
QLT Inc. was a big mover last session, as the company saw its shares rise nearly 7% on the day. The move came on solid volume 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 $1.36 to $1.44 in the past one-month time frame.
This Med-Drugs industry stock witnessed one negative estimate revision over the past 30 days. The Zacks Consensus Estimate also moved down over the same time frame, signaling trouble down the road. So make sure to keep an eye on this stock going forward to see if yesterday’s move higher lasts.
QLT has a Zacks Rank #3 (Hold).
QLT INC Price
QLT INC Price | QLT INC Quote
However, a better-ranked stock in the same space is Acerus Pharmaceuticals Corporation , sporting a Zacks Rank #1 (Strong Buy).
Is QLTI going up? Or down? Predict to see what others think: Up or Down
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