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Verrica Pharmaceuticals Inc. (VRCA - 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 reverses the recent trend for the company—as the stock is now down 27.9% in the past one-month time frame.
The move came after the company reported positive topline results from its phase III CAMP-1 and CAMP-2 pivotal trials with VP-102 for the treatment of molluscum contagiosum.
The company's Zacks Consensus Estimate for the current quarter has moved higher over the past few weeks, suggesting that more solid trading could be ahead for Tailored Brands. So, make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.
Verrica currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
Is VRCA going up? Or down? Predict to see what others think:Up or Down
The Hottest Tech Mega-Trend of All
Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for regular investors who make the right trades early.
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Verrica (VRCA) Catches Eye: Stock Jumps 6.9%
Verrica Pharmaceuticals Inc. (VRCA - 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 reverses the recent trend for the company—as the stock is now down 27.9% in the past one-month time frame.
The move came after the company reported positive topline results from its phase III CAMP-1 and CAMP-2 pivotal trials with VP-102 for the treatment of molluscum contagiosum.
The company's Zacks Consensus Estimate for the current quarter has moved higher over the past few weeks, suggesting that more solid trading could be ahead for Tailored Brands. So, make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.
Verrica currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
Verrica Pharmaceuticals Inc. Price
Verrica Pharmaceuticals Inc. Price | Verrica Pharmaceuticals Inc. Quote
Investors interested in the Medical - Drugs industry may consider BioSpecifics Technologies Corp , which has a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Is VRCA going up? Or down? Predict to see what others think:Up or Down
The Hottest Tech Mega-Trend of All
Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for regular investors who make the right trades early.
See Zacks' 3 Best Stocks to Play This Trend >>