Rite Aid (RAD) Jumps: Stock Up 8.4% - Tale of the Tape

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Rite Aid Corporation RAD 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 breaks the recent trend of the company, as the stock is now trading above the volatile price range of $6.05 to $6.92 in the past one-month timeframe.

In the last 30-day frame, the company witnessed one negative estimate revisions while the Zacks Consensus Estimate remained unchanged. Yesterday's price rally is encouraging though, so make sure to keep a close watch on this firm in the near future.

Rite Aid currently has a Zacks Rank #1 (Strong Buy) while its Earnings ESP is 0.00%.

Other better-ranked stocks in the medical sector include ANI Pharmaceuticals, Inc. ANIP, ZIOPHARM Oncology, Inc. ZIOP and Alexion Pharmaceuticals, Inc. ALXN. While ANI Pharmaceuticals and ZIOPHARM Oncology sport a Zacks Rank #1 (Strong Buy), ALexion carries a Zacks Rank #2 (Buy).

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ALEXION PHARMA ALXN: Free Stock Analysis Report

ANI PHARMACEUT ANIP: Free Stock Analysis Report

RITE AID CORP RAD: Free Stock Analysis Report

ZIOPHARM ONCLGY ZIOP: Free Stock Analysis Report

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