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Tale of the Tape

Zacks Equity Research

Achaogen (AKAO) Worth a Look: Stock Adds 5% in Session
October 03, 2016

ARIA AKAO

Trades from $3

Achaogen, Inc. (AKAO - Free Report) was a big mover last session, as the company saw its shares rise just over 5% 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 $3.99 to $4.56 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. Friday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

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

A better-ranked stock in the Med-Drugs industry is Ariad Pharmaceuticals Inc. (ARIA - Free Report) , which sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

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