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Galectin Therapeutics (GALT) Jumps: Stock Rises 17.1%

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Galectin Therapeutics, Inc. (GALT - Free Report) was a big mover last session, as its shares rose a little over 17% 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 $1.48 to $1.64 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. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Galectin Therapeutics currently carries a Zacks Rank #3 (Hold) while its Earnings ESP is negative.

A better-ranked stock in the med-drugs space is Eisai Co., Ltd. ESALY, which sports a Zacks Rank #1 (Strong Buy).

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