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Repro Med Systems (KRMD) Surges: Stock Moves 8.8% Higher

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Repro Med Systems, Inc. (KRMD - Free Report) was a big mover last session, as the company saw its shares rise nearly 9% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This stock, which remained volatile and traded within the range of $3.78–$6.50 in the past one-month time frame, witnessed a sharp increase yesterday.

The upmove came after the company’s board of directors approved a stock repurchase program worth up to $10 million.

The company has seen a mixed track record when it comes to estimate revision of no increase and one decrease over the past few weeks, while the Zacks Consensus Estimate for the current quarter remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Repro Med Systems currently has a Zacks Rank #4 (Sell) while its Earnings ESP is negative.

Repro Med Systems, Inc. Price

A better-ranked stock in the Medical - Instruments industry is Hologic, Inc. (HOLX - Free Report) , which currently carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Zacks Names “Single Best Pick to Double”

From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.

You know this company from its past glory days, but few would expect that it’s poised for a monster turnaround. Fresh from a successful repositioning and flush with A-list celeb endorsements, it could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in a little more than 9 months and Nvidia which boomed +175.9% in one year.

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Hologic, Inc. (HOLX) - free report >>

Repro Med Systems, Inc. (KRMD) - free report >>