Amarin Corporation (AMRN) in Focus: Stock Moves Higher by 8% - Analyst Blog
06 September 2013 - 11:00PM
Zacks
Amarin Corporation
plc (AMRN) was a big mover last session, as the company
saw its shares rise by nearly 8% on the day. The move came on solid
volume, as far more shares changed hands than in a normal session.
This continues the recent uptrend for the company, as the stock
surged by more than 32% in the past one-month time frame.
The company has seen a positive
track record when it comes to estimate revisions over the past 30
days (4 out of 5 estimates were revised higher while only one moved
in the opposite direction). Besides, its earnings consensus has
moved higher over the past two months, suggesting that more solid
trading could be ahead for AMRN. 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.
AMRN currently has a Zacks Rank #3
(Hold) while its Earnings ESP is 0.00%.
Some better performing healthcare
stocks include Alere Inc. (ALR),
Affymetrix Inc. (AFFX) and Actelion
Ltd. (ALIOF). These stocks carry a Zacks Rank #1 (Strong
Buy).
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