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MEI Pharma (MEIP) Shows Strength: Stock Moves 7.6% Higher
MEI Pharma, Inc. (MEIP - Free Report) was a big mover last session, as the company saw its shares rise nearly 8% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up over 33% in the past one-month time frame.
The company has seen two positive estimate revisions in the past 30 days. Also, its Zacks Consensus Estimate moved higher over the same timeframe. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
MEI Pharma currently sports a Zacks Rank #1 (Strong Buy).
MEI Pharma, Inc. Price
MEI Pharma, Inc. Price | MEI Pharma, Inc. Quote
Another top-ranked stock in the Medical – Drugs industry is Aerie Pharmaceuticals, Inc. holding a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
More Stock News: 8 Companies Verge on Apple-Like Run
Did you miss Apple's 9X stock explosion after they launched their iPhone in 2007? Now 2017 looks to be a pivotal year to get in on another emerging technology expected to rock the market. Demand could soar from almost nothing to $42 billion by 2025. Reports suggest it could save 10 million lives per decade which could in turn save $200 billion in U.S. healthcare costs.
A bonus Zacks Special Report names this breakthrough and the 8 best stocks to exploit it. Like Apple in 2007, these companies are already strong and coiling for potential mega-gains. Click to see them right now >