Integra (IART) Catches Eye: Stock Adds 6% in Session

IART ANIK

Integra LifeSciences Holdings Corporation (IART - Free Report) was a big mover last session, as the company saw its shares rise nearly 6% on the day. The upside was driven by the company’s announcement of better-than-expected earnings and revenues for the third quarter of 2016. This led to 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 nearly 3.4% in the past one-month time frame.

In the last 30 days, the company witnessed five positive estimate revisions and the Zacks Consensus Estimate also moved higher over the same time frame, suggesting that more solid trading could be ahead for Integra. 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.

Integra currently has a Zacks Rank #3 (Hold).

INTEGRA LIFESCI Price

A better-ranked stock in the Med-Biomed/Gene industry is Anika Therapeutics Inc. (ANIK - Free Report) , which sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here

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