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Organovo (ONVO) Looks Good: Stock Adds 8.4% in Session
Organovo Holdings, Inc. was a big mover last session, as its shares rose over 8% on the day. The company recently released its fourth-quarter fiscal 2016 results which led to 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 $2.48 to $3.01 in the past one-month time frame.
None of the estimates for this stock were revised over the past 30 days. The Zacks Consensus Estimate also remained unchanged over the same time frame. Friday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Organovo currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
ORGANOVO HLDGS Price
ORGANOVO HLDGS Price | ORGANOVO HLDGS Quote
A better-ranked biomedical stock is ANI Pharmaceuticals, Inc. (ANIP - Free Report) sporting a Zacks Rank #1(Strong Buy).
Is ONVO going up? Or down? Predict to see what others think: Up or Down
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