Strongbridge Biopharma plc (SBBP - Free Report) was a big mover last session, as the company saw its shares rise almost 17% 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 $6.40 to $7.35 in the past one-month time frame.
The company has seen one positive estimate revision in the last 30 days and the Zacks Consensus Estimate also moved higher suggesting more solid trading ahead. So make sure to keep an eye on this stock going forward to see if yesterday’s jump can turn into more strength down the road.
Currently, Strongbridge Biopharma carries a Zacks Rank #2 (Buy).
Another top-ranked stock in the same industry is Enzo Biochem, Inc. (ENZ - Free Report) , 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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