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Orthofix International (OFIX) Looks Good: Stock Jumps 9.9%

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Orthofix International N.V. (OFIX - Free Report) was a big mover last session, as its shares rose almost 10% on the day. The move came after the company was added to the S&P SmallCap 600. This led to 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 $34.47 to $38.13 in the past one-month time frame.

Over the last 30 days, the company witnessed two negative estimate revisions and 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.

Orthofix International currently carries a Zacks Rank #4 (Sell) while its Earnings ESP is 0.00%.

A better-ranked stock in the Medical – Products space is Quidel Corporation (QDEL - Free Report) , sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

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

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ORTHOFIX MEDICAL INC. (OFIX) - free report >>

QuidelOrtho Corporation (QDEL) - free report >>

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