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Concordia International (CXRX) Looks Good: Stock Jumps 11.4%

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Concordia International Corp. was a big mover last session, as the company saw its shares rise over 11% on the day. The move came on solid volume 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 $1.85 to $2.33 in the past one-month time frame.

None of the estimates for this stock were revised in the last 30 days, while the 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.

Concordia carries a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

A better-ranked stock in the same industry is Akebia Therapeutics, Inc. (AKBA - Free Report) , sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

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

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