Xencor, Inc. (XNCR - Free Report) was a big mover last session, as its shares rose a little over 13% 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 $18.61 to $22.71 in the past one-month time frame.
Over the last 30 days, the company witnessed two positive estimate revisions and the Zacks Consensus Estimate also moved higher, suggesting more solid trading ahead. So make sure to keep an eye on this stock going forward to see if yesterday’s jump can turn into more strength down the road.
Xencor currently carries a Zacks Rank #3 (Hold).
A better-ranked stock in the med-drugs space is Advanced Accelerator Applications S.A. , sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Is XNCR going up? Or down? Predict to see what others think: Up or Down
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