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Insulet (PODD) Shows Strength: Stock Adds 7.1% in Session

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Insulet Corporation (PODD - Free Report) was a big mover last session, as its shares rose over 7% on the day. The move came on the back of revenue growth and raised 2017 guidance in second-quarter 2017 results. This led to 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 $49.49 to $53.52 in the past one-month time frame.

Over the last 30 days, the company witnessed one negative estimate revision. However, the Zacks Consensus Estimate remained unchanged over the same time frame. Friday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Insulet currently carries a Zacks Rank #3 (Hold).

A better-ranked stock in the Medical – Products space is INSYS Therapeutics, Inc. (INSY - Free Report) , sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

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

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Insys Therapeutics, Inc. (INSY) - free report >>

Insulet Corporation (PODD) - free report >>

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