Merrimack Pharmaceuticals, Inc. (MACK Quick QuoteMACK - Free Report) 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 $4.80 to $5.41 since Oct 11, 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. Friday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Merrimack Pharmaceuticals currently carries a Zacks Rank #2 (Buy) while its Earnings ESP is negative.

MERRIMACK PHAR Price

 

MERRIMACK PHAR Price | MERRIMACK PHAR Quote

Another well-ranked stock in the Med-Biomed/Gene industry is Axovant Sciences Ltd. (AXON Quick QuoteAXON - 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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