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Axovant Sciences (AXON) Shows Strength: Stock Jumps 9.2%

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Axovant Sciences Ltd. (AXON - Free Report) was a big mover last session, as the company saw its shares rise a little above 9% on the day. The upside was driven by the company’s encouraging corporate and financial developments. Also, this led to far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up over 47% in the past one-month time frame.

The company has seen one negative estimate revision in the past 30 days. Also, its Zacks Consensus Estimate moved lower over the same timeframe 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.

Axovant Sciences currently carries a Zacks Rank #3 (Hold).

Axovant Sciences Ltd. Price

 

A better-ranked stock in the Medical – Biomedical and Genetics 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.

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