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Profound Medical (PROF) Looks Good: Stock Adds 5.4% in Session

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Profound Medical Corp. (PROF - Free Report) was a big mover last session, as the company saw its shares rise more than 5% 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 37.3% in the past one-month time frame.

The company’s Zacks Consensus Estimate for the current quarter has moved lower over the past few weeks, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward, to see if this recent move higher can last.

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

PROFOUND MEDICAL Price

A better-ranked stock in the Medical - Drugs industry is Amneal Pharmaceuticals, Inc. (AMRX - Free Report) , which currently carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

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