Tesaro, Inc. TSRO was a big mover last session, as its shares surge 21% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This broke the recent trend for the company, as the stock is now trading above the volatile price range of $22.78 to $26.71 in the past one-month time frame.
The company has seen 3 downward revisions in the past month, while its Zacks Consensus Estimate of a loss widened over the same timeframe, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent move higher can last.
Tesaro currently carries a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
Other attractive players in the healthcare industry include Gilead Sciences Inc. GILD and TrovaGene, Inc. TROV carrying a Zacks Rank #1 (Strong Buy) along with Ariad Pharmaceuticals Inc. ARIA with a Zacks Rank #2 (Buy).
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ARIAD PHARMA ARIA: Free Stock Analysis Report
GILEAD SCIENCES GILD: Free Stock Analysis Report
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TESARO INC TSRO: Free Stock Analysis Report
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