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IntelliPharmaCeutics (IPCI) Jumps: Stock Moves 5.4% Higher

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IntelliPharmaCeutics International Inc. (IPCI - Free Report) was a big mover last session, as the company saw its shares climb above 5% on the day. The upside came after the company inked an exclusive license and commercial supply agreement with Mallinckrodt Pharmaceuticals (MNK). This continues the recent uptrend of the company, as the stock is now up 68.36% in the past one-month time frame.

The company has seen no estimate revision in the past one month and its Zacks Consensus Estimate also remained unchanged. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

IntelliPharmaCeutics currently carries a Zacks Rank #4 (Sell), while its Earnings ESP is 0.00%.

A better-ranked stock in the healthcare sector is Ariad Pharmaceuticals Inc. , sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

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

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