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Intellipharmaceutics International (IPCI) Jumps: Stock Up 19%

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Intellipharmaceutics International Inc. was a big mover last session, as the company saw its shares rise around 19% on the day. The move came on solid volume too with 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 $2.02 to $2.22 in the past one-month time frame.

The company has seen no positive or negative estimate revision in the past 30 days. But its Zacks Consensus Estimate moved higher 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.
 
Intellipharmaceutics currently carries a Zacks Rank #3 (Hold), while its Earnings ESP is 0.00%.

Intellipharmaceutics International Inc. Price

 

A better-ranked stock in the Medical – Drugs industry is Aratana 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 IPCI going up? Or down? Predict to see what others think: Up or Down

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