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La Jolla Pharmaceutical (LJPC) Jumps: Stock Rises by 5.4%

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La Jolla Pharmaceutical Co. was a big mover last session, as the company saw its shares rise over 5% 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 since Sep 7, as the stock is now up nearly 37%.

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.

La Jolla Pharmaceutical currently carries a Zacks Rank #3 (Hold), while its Earnings ESP is positive.

A better-ranked stock in the same industry is Acerus Pharmaceuticals Corporation , sporting a Zacks Rank #1 (Strong Buy).You can see the complete list of today’s Zacks #1 Rank stocks here.

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