Teligent, Inc. (TLGT - Free Report) was a big mover last session, as the company saw its shares rise over 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company as the stock is now trading above the volatile price range of $5.06 to $5.80 in the past one-month time frame.
The company has seen no estimate revisions over the past 30 days, while the Zacks Consensus Estimate remained unchanged over the same time frame. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Teligent currently has a Zacks Rank #3 (Hold).
A better-ranked stock in the same industry is Amphastar Pharmaceuticals, Inc. (AMPH - Free Report) , which sports a Zacks Rank #1 (Strong Buy).
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