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CoLucid Pharmaceuticals (CLCD) Jumps: Stock Rises 12.1%

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CoLucid Pharmaceuticals, Inc. was a big mover last session, as its shares rose over 12% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. Yesterday???s rally breaks the recent trend for the company, as the stock is now trading above the volatile price range of $8.04 to $9.49 in the past one-month time frame.

Over the last 30 days, the company witnessed four negative estimate revisions and the Zacks Consensus Estimate also moved lower, signaling trouble down the road. So make sure to keep an eye on this stock going forward to see if yesterday???s move higher lasts.

CoLucid Pharmaceuticals currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

A better-ranked biomedical stock is ANI Pharmaceuticals, Inc. (ANIP - Free Report) with a Zacks Rank #1 (Strong Buy).

Is CLCD going up? Or down? Predict to see what others think: Up or Down

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