AstraZeneca (AZN) Jumps: Stock Adds 8.8% in Session - Tale of the Tape - AbbVie (NYSE:ABBV)

AstraZeneca PLC AZN was a big mover last session with shares rising nearly 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 recent trend of the company as the stock is now trading way above the past one month's volatile price range of $62.45 to $65.69.

This drug manufacturing company has seen a mixed track record when it comes to estimate revisions of 1 increase and 1 decrease over the last 30 days. Meanwhile, the Zacks Consensus Estimate has remained unchanged over the same period. Yesterday's rally is encouraging though, so make sure to keep a close watch on this firm in the near future.

AstraZeneca currently bears a Zacks Rank #3 (Hold) while its Earnings ESP is negative.

Better-ranked Pharmaceutical stocks worth considering include AbbVie Inc. ABBV, Allergan Inc. AGN and Johnson & Johnson JNJ. All three stocks hold a Zacks Rank #2 (Buy).

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>

ABBVIE INC ABBV: Free Stock Analysis Report

ALLERGAN INC AGN: Free Stock Analysis Report

ASTRAZENECA PLC AZN: Free Stock Analysis Report

JOHNSON & JOHNS JNJ: Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research

Market News and Data brought to you by Benzinga APIs