Anavex Life Sciences (AVXL) in Focus: Stock Rises 16.4%

INVA AVXL

Anavex Life Sciences Corp. (AVXL - Free Report) was a big mover last session, as its shares rose over 16% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company since Jun 2013, as the stock is now up 45.5%.

None of the estimates for this stock were revised over the past 30 days. The Zacks Consensus Estimate also remained unchanged over the same time frame. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Anavex Life Sciences currently has a Zacks Rank #2 (Buy) while its Earnings ESP is 0.00%

A better-ranked Medical-Biomed/Gene stock is Innoviva, Inc. (INVA - Free Report) which sports a Zacks Rank #1 (Strong Buy).

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