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InMode (INMD) Looks Good: Stock Adds 5.6% in Session

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InMode Ltd. (INMD - 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 continues the recent uptrend for the company—as the stock is now up 101.3% in the past one-month time frame.

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 InMode. 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.

InMode currently has a Zacks Rank #1 (Strong Buy) while its Earnings ESP is 0.00%.

InMode Ltd. Price

Investors interested in the Medical - Products industry may consider Haemonetics Corporation (HAE - Free Report) , which also has a Zacks Rank #1. You can see the complete list of today’s Zacks #1 Rank stocks here.

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

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