Palatin Technologies Inc. (PTN) Jumps: Stock Up 8.1% - Tale of the Tape - Alkermes (NASDAQ:ALKS)

Palatin Technologies Inc. PTN was a big mover last session, as its shares rose over 8% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the downtrend for the healthcare company since March 21, as the stock is down nearly 8%.

In the last 30 days, the company did not witness any estimate revision and the Zacks Consensus Estimate also remained unchanged. Yesterday's price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Palatin currently carries a Zacks Rank #2 (Buy) while its Earnings ESP is 0.00%.

Other well-performing stocks in the medical sector include ANI Pharmaceuticals, Inc. ANIP, Alkermes plc ALKS and Alexion Pharmaceuticals, Inc. ALXN. All three sport a Zacks Rank #1 (Strong Buy).

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