Galmed Pharmaceuticals Ltd. (GLMD - Free Report) was a big mover last session, as the company saw its shares jump nearly 16% 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 for the company as the stock is now trading above the volatile price range of $6.02 to $6.85 in the past one-month time frame.
The company has seen no positive or negative estimate revision in the past 30 days. But its Zacks Consensus Estimate moved higher over the last seven days. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Galmed Pharmaceuticals currently carries a Zacks Rank #3 (Hold), while its Earnings ESP is 0.00%.
Galmed Pharmaceuticals Ltd. Price
A better-ranked stock in the Medical - Drugs industry is Advanced Accelerator Applications S.A. (AAAP - Free Report) , which holds a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
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