Omeros Corp. (OMER) Jumps: Stock Rises 18.1% - Tale of the Tape
20 December 2013 - 1:11AM
Zacks
Omeros Corporation
(OMER) was a big mover last session, as the company saw its shares
rise by over 18% 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 for the company, as the stock is now
trading above the volatile price range of $7.14 to $9.25.
This biopharmaceutical company has seen no estimate revision in the
past one month but its Zacks Consensus Estimate moved lower over
the same time frame, suggesting there may be trouble down the road.
So make sure to keep an eye on this stock going forward to see if
yesterday’s move higher can last.
Omeros currently has a Zacks Rank #3 (Hold) while its Earnings ESP
is 0.00%.
However, some better -ranked medical products stocks include
PositiveID Corporation (PSID), diaDexus,
Inc. (DDXS) and Exactech Inc. (EXAC). All
these stocks carry a Zacks Rank #2 (Buy).
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