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Alnylam (ALNY) Catches Eye: Stock Jumps 10.5%

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Alnylam Pharmaceuticals, Inc. (ALNY - Free Report) was a big mover last session, as the company saw its shares rise nearly 11% 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 27.6% in the past one-month time frame.

The stock gained following news that the U.S. Food and Drug Administration (FDA) has approved Givlaari, its treatment for acute hepatic porphyria.

The company has seen a mixed track record when it comes to estimate revisions of two increases and three decreases over the past few weeks, while the Zacks Consensus Estimate for the current quarter hasn’t been in a trend either. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

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

Alnylam Pharmaceuticals, Inc. Price

Investors interested in the Medical - Biomedical and Genetics industry may consider Alkermes plc (ALKS - Free Report) , which has a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

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

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