Accelerate Diagnostics (AXDX) Looks Good: Stock Up 7.5%

AXDX

Accelerate Diagnostics, Inc. (AXDX - Free Report) was a big mover last session, as the company saw its shares rise above 7% 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 as the stock is now up a little over 32% in the past one-month time frame.

The company has seen no positive or negative estimate revision in the past 30 days. Also, its Zacks Consensus Estimate remained unchanged over the same timeframe. Friday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Accelerate Diagnostics currently has a Zacks Rank #4 (Sell), while its Earnings ESP is 0.00%.

A better-ranked stock in the Medical – Instrument industry is RTI Surgical, Inc. , 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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