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Accelerate Diagnostics (AXDX) in Focus: Stock Moves 6.7% Higher
Accelerate Diagnostics, Inc.(AXDX - Free Report) was a big mover last session, as the company saw its shares rise nearly 7% 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 of the company, as the stock is now trading above the volatile price range of $18.00 to $19.55 in the past one-month time frame.
The company has seen one negative estimate revisions in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved lower over the past few weeks, 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.
Accelerate Diagnostics currently has a Zacks Rank #4 (Sell) while its Earnings ESP is positive.
Accelerate Diagnostics, Inc. Price
Accelerate Diagnostics, Inc. Price | Accelerate Diagnostics, Inc. Quote
A better-ranked stock in the Medical sector is IDEXX Laboratories, Inc. (IDXX - Free Report) , which currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Is AXDX going up? Or down? Predict to see what others think: Up or Down
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