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BioTime (BTX) in Focus: Stock Moves 7.3% Higher

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BioTime, Inc. was a big mover last session, as the company saw its shares rise more than 7% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This stock, which remained volatile and traded within the range of $2.03 –$2.38 in the past one-month time frame, witnessed a sharp increase yesterday.

The company has seen a flat track record when it comes to estimate revisions over the past few weeks, while the Zacks Consensus Estimate for the current quarter has also remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

BioTime currently has a Zacks Rank #2 (Buy) while its Earnings ESP is 0.00%.

 

Another stock worth considering in the Medical sector is Illumina, Inc. (ILMN - Free Report) which carries a Zacks Rank #1 (Strong Buy).You can see the complete list of today’s Zacks #1 Rank stocks here.

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

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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 trillionaires," but that should still leave plenty of money for regular investors who make the right trades early.

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Illumina, Inc. (ILMN) - free report >>

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