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Axcella Health (AXLA) Looks Good: Stock Adds 5.9% in Session

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Axcella Health Inc. (AXLA - Free Report) was a big mover last session, as the company saw its shares rises more than 5% on the day. The move came on solid volume with far more shares changing hands than in a normal session. This stock, which remained volatile and traded within the range of $4.2 –$5.11 in the past one-month time frame, witnessed a sharp increase yesterday.

The company has seen one positive estimate revision in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved higher over the past few weeks, suggesting that more solid trading could be ahead for Axcella Health. 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.

Axcella Health currently carries a Zacks Rank #2 (Buy) while its Earnings ESP is negative.

Axcella Health Inc. Price

Other top-ranked stock in the Medical - Biomedical and Genetics industry is 89BIO INC (ETNB - Free Report) , which currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

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