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Intercept Pharmaceuticals (ICPT) in Focus: Stock Moves 8.6% Higher

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Intercept Pharmaceuticals, Inc. was a big mover last session, as the company saw its shares rise nearly 9% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This stock, which remained volatile and traded within the range of $87.4 – $118.7 in the past one-month time frame, witnessed a sharp increase on Friday.

The company has seen one estimate revisions over the past one month versus no revision in the opposite direction, and the Zacks Consensus Estimate for the current quarter has also remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future. 

Intercept Pharmaceuticals currently has a Zacks Rank #3 (Hold) while its Earnings ESP is negative.

A better ranked stock in the Medical - Biomedical and Genetics industry is Alexion Pharmaceuticals, Inc. which carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

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

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