Kite Pharma, Inc. was a big mover last session, as the company saw its shares rise 7% on the day. The move came on solid volume with far more shares changing hands than in a normal trading session. This reverses the recent downtrend for the company as the stock is now down almost 21% in the past one-month time frame.
In the last 30 days, the company has seen no estimate revision and the Zacks Consensus Estimate remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Kite Pharma currently carries a Zacks Rank #4 (Sell), while its Earnings ESP is 0.00%.
A better-ranked Bio-Medical/Gene stock is Anika Therapeutics Inc. (ANIK - 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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