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Myriad Genetics (MYGN) Catches Eye: Stock Jumps 6.9%

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Myriad Genetics, Inc. (MYGN - Free Report) was a big mover last session, as the company saw its shares rise nearly 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 $27.23 to $31.51in the past one-month time frame, witnessed a sharp increase on Friday.

The company has seen a mixed track record when it comes to estimate revision of one increase and no decrease over the past few weeks, 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.

Myriad Genetics currently has a Zacks Rank #1 (Strong Buy) while its Earnings ESP is positive.

Myriad Genetics, Inc. Price

Investors interested in the Medical - Biomedical and Genetics industry may consider Acorda Therapeutics, Inc. , which also has a Zacks Rank #1. You can see the complete list of today’s Zacks #1 Rank stocks here.

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