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Dipexium Pharmaceuticals (DPRX) in Focus: Stock Gains 8.5%

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Dipexium Pharmaceuticals, Inc. was a big mover last session, as the company saw its shares rise over 8% 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 $11.23 to $12.60 since Aug 16, 2016.

The company has seen no estimate revisions over the past 7 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.

Dipexium Pharmaceuticals currently has a Zacks Rank #3 (Hold) while its Earnings ESP is negative.

A better-ranked stock in the Med-Drugs industry is BioSpecifics Technologies Corp. , which sports a Zacks Rank #1 (Strong Buy).

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