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Zynerba Pharmaceuticals (ZYNE) Jumps: Stock Rises 9.5%

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Zynerba Pharmaceuticals, Inc. was a big mover last session, as its shares rose over 9% 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 $14.09 to $19.20 in the past one-month time frame.

Over the last 30 days, the company witnessed one negative estimate revision while the Zacks Consensus Estimate also moved lower over the same time frame, 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.

Zynerba Pharmaceuticals currently carries a Zacks Rank #3 (Hold) while its Earnings ESP is positive.

A better-ranked stock in the medical-generic drugs space is Aquinox Pharmaceuticals, Inc. , sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

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

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