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Merit Medical Systems (MMSI) Worth a Look: Stock Gains 7.7%
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Merit Medical Systems, Inc. (MMSI - Free Report) was a big mover last session, as the company saw its shares rise almost 8% on the day. The upside was driven by the company’s integration of the Argon critical care business and Catheter Connections assets. Also, this led to 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 $36.67 to $39.40 in the past one-month time frame.
The company has seen no positive or negative estimate revision in the past 30 days. Also, its Zacks Consensus Estimate remained unchanged 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.
Merit Medical Systems currently sports a Zacks Rank #1 (Strong Buy).
Is MMSI going up? Or down? Predict to see what others think: Up or Down
The Hottest Tech Mega-Trend of All
Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce ""the world's first trillionaire,"" but that should still leave plenty of money for regular investors who make the right trades early.See Zacks' 3 Best Stocks to Play This Trend >>
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Merit Medical Systems (MMSI) Worth a Look: Stock Gains 7.7%
Merit Medical Systems, Inc. (MMSI - Free Report) was a big mover last session, as the company saw its shares rise almost 8% on the day. The upside was driven by the company’s integration of the Argon critical care business and Catheter Connections assets. Also, this led to 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 $36.67 to $39.40 in the past one-month time frame.
The company has seen no positive or negative estimate revision in the past 30 days. Also, its Zacks Consensus Estimate remained unchanged 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.
Merit Medical Systems currently sports a Zacks Rank #1 (Strong Buy).
Merit Medical Systems, Inc. Price
Merit Medical Systems, Inc. Price | Merit Medical Systems, Inc. Quote
Another top-ranked stock in the Medical - Dental Supplies industry is Align Technology, Inc. (ALGN - Free Report) , which holds a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Is MMSI going up? Or down? Predict to see what others think: Up or Down
The Hottest Tech Mega-Trend of All
Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce ""the world's first trillionaire,"" but that should still leave plenty of money for regular investors who make the right trades early.See Zacks' 3 Best Stocks to Play This Trend >>