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NovoCure (NVCR) Looks Good: Stock Adds 8.3% in Session

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NovoCure Limited (NVCR - Free Report) was a big mover last session, as the company saw its shares rise more than 8% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend for the company—as the stock is now down 17.3% in the past one-month time frame.

The company has seen a mixed track record when it comes to estimate revision of one increase and two decreases over the past few months, while the Zacks Consensus Estimate for the current quarter remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

NovoCure currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

Investors interested in the Medical Services industry may consider PRA Health Sciences, Inc. , which has a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

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

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