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Akebia Therapeutics (AKBA) Shows Strength: Stock Up 5.8%

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Akebia Therapeutics, Inc. (AKBA - Free Report) was a big mover last session, as the company saw its shares rise almost 6% on the day. The move came after the company signed an expanded agreement with Otsuka Pharmaceutical on its anemia drug. 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 44% 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.

Akebia Therapeutics currently carries a Zacks Rank #3 (Hold).

Akebia Therapeutics, Inc. Price

 

A top-ranked stock in the Medical – Drugs industry is Grifols, S.A. (GRFS - 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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