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BioTelemetry (BEAT) Shows Strength: Stock Moves 8.8% Higher

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BioTelemetry, Inc. (BEAT - Free Report) was a big mover last session, as the company saw its shares rise almost 9% on the day. The move came after the company announced the acquisition of LifeWatch. This led to far more shares changing hands than in a normal session. This breaks the recent trend for the company as the stock is now trading above the volatile price range of $26.00 to $29.10 in the past one-month time frame.

The company has seen no positive or negative estimate revision in the past 30 days. Also, its Zacks Consensus Estimate remained unchanged over the same timeframe. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
 
BioTelemetry currently holds a Zacks Rank #2 (Buy).

BioTelemetry, Inc. Price

 

Another top stock in the Medical Services industry is Anthera Pharmaceuticals, Inc. (ANTH - Free Report) sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

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

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