Auxilium Pharmaceuticals Inc. (AUXL) was a big mover last session, as the company shares rose a little over 9% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the trend for the company since Sep 17, as the stock is now trading above the volatile price range of $29.76 to $31.18.
In the last 30 days, the company has seen one positive estimate revision and its Zacks Consensus Estimate also moved higher, suggesting more solid trading ahead. So make sure to keep an eye on this stock going forward to see if yesterday’s jump can turn into more strength down the road.
Auxilium Pharmaceuticals currently has a Zacks Rank #3 (Hold) while its Earnings ESP is positive.
Other better-ranked stocks in the med-drugs industry include Sagent Pharmaceuticals, Inc. (SGNT), Hyperion Therapeutics, Inc. (HPTX) and Lannett Company, Inc. (LCI). While Lannett Company sports a Zacks Rank #1 (Strong Buy), Sagent Pharmaceuticals and Hyperion Therapeutics carry a Zacks Rank #2 (Buy).
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— Zacks Investment Research