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Progenics Pharmaceuticals (PGNX) in Focus: Stock Gains 8.3%

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Progenics Pharmaceuticals was a big mover last session, as the company saw its shares rise above 8% 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 $8.32 to $10.62 in the past one-month time frame.

In the last 30 days, the company has seen no estimate revision and the Zacks Consensus Estimate also remained unchanged. Yesterday's price action is encouraging though, so make sure to keep a close watch on this firm in the near future.        

Progenics Pharmaceuticals currently has a Zacks Rank #4 (Sell) while its Earnings ESP is 0.00%.

A better-ranked Generic-Medical Drugs stock is Cymabay Therapeutics, Inc. , which holds a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

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

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