Recro Pharma, Inc. (REPH - Free Report) was a big mover last session, as its shares rose almost 20% on the day. The move came after the company announced positive phase 3 trial results for its acute postoperative pain treatment. This led to 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 $6.92 to $8.71 in the past one-month time frame.
Over the last 30 days, the company witnessed one positive and two negative estimate revisions while the Zacks Consensus Estimate moved lower over the same time frame, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent move higher can last.
Recro Pharma currently carries a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
A better-ranked stock in the medical-drugs space is Sucampo Pharmaceuticals, Inc. , sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
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