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AstraZeneca PLC (AZN - Free Report) was a big mover last session, as the company saw its shares rise nearly 6% on the day. The move came on solid volume too 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 $40.12 to $41.99 in the past one-month time frame.
The move came after the company reported better-than-expected second-quarter 2019 results.
The company has seen one positive estimate revision in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved higher over the past few weeks, suggesting that more solid trading could be ahead for AstraZeneca. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.
AstraZeneca currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
Is AZN going up? Or down? Predict to see what others think: Up or Down
Biggest Tech Breakthrough in a Generation
Be among the early investors in the new type of device that experts say could impact society as much as the discovery of electricity. Current technology will soon be outdated and replaced by these new devices. In the process, it’s expected to create 22 million jobs and generate $12.3 trillion in activity.
A select few stocks could skyrocket the most as rollout accelerates for this new tech. Early investors could see gains similar to buying Microsoft in the 1990s. Zacks’ just-released special report reveals 7 stocks to watch. The report is only available for a limited time.
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AstraZeneca (AZN) Jumps: Stock Rises 5.7%
AstraZeneca PLC (AZN - Free Report) was a big mover last session, as the company saw its shares rise nearly 6% on the day. The move came on solid volume too 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 $40.12 to $41.99 in the past one-month time frame.
The move came after the company reported better-than-expected second-quarter 2019 results.
The company has seen one positive estimate revision in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved higher over the past few weeks, suggesting that more solid trading could be ahead for AstraZeneca. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.
AstraZeneca currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
AstraZeneca PLC Price
AstraZeneca PLC price | AstraZeneca PLC Quote
Investors interested in the Large Cap Pharmaceuticals industry may consider AbbVie Inc. (ABBV - Free Report) , which has a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Is AZN going up? Or down? Predict to see what others think: Up or Down
Biggest Tech Breakthrough in a Generation
Be among the early investors in the new type of device that experts say could impact society as much as the discovery of electricity. Current technology will soon be outdated and replaced by these new devices. In the process, it’s expected to create 22 million jobs and generate $12.3 trillion in activity.
A select few stocks could skyrocket the most as rollout accelerates for this new tech. Early investors could see gains similar to buying Microsoft in the 1990s. Zacks’ just-released special report reveals 7 stocks to watch. The report is only available for a limited time.
See 7 breakthrough stocks now>>