Gemphire Therapeutics (GEMP) Catches Eye: Stock Gains 12%

Gemphire Therapeutics Inc. was a big mover last session, as its shares rose over 12% 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 over 20% in the past one-month time frame.

The company has seen one negative estimate revision in the past 30 days, while its Zacks Consensus Estimate moved higher over the same time frame, suggesting more solid trading ahead. So make sure to keep an eye on this stock going forward to see if yesterday’s jump can turn into more strength down the road.

Gemphire Therapeutics currently carries a Zacks Rank #3 (Hold).

A better-ranked stock in the Medical - Biomedical and Genetics space is Heska Corporation , sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

    

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