Cardiovascular Systems (CSII) Falls: Stock Goes Down 5.6% - Tale of the Tape

Cardiovascular Systems Inc. CSII saw a big move last session, as the company's shares fell nearly 6% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This stock, trading at a volatile range of $25.43–$31.42 in the past one-month time frame, showed a sharp decline yesterday at $27.43.

The company has seen a mixed track record when it comes to current year estimate revisions over the past few weeks. Two estimates were revised lower while there were two upward revisions also. The consensus for earnings hasn't been in a trend either. This recent price action is discouraging, so make sure to keep a close watch on this firm in the near future, and especially on earnings estimates following the recent slump.

CSII currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 3.45%.

Some better-ranked stocks in the healthcare sector include Baxano Surgical, Inc. (BAXS), Cardica Inc. CRDC and Enzymotec Ltd. ENZY. All these stocks carry a Zacks Rank #2 (Buy).

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BAXANO SURGICAL (BAXS): Free Stock Analysis Report

CARDICA INC CRDC: Free Stock Analysis Report

CARDIOVASCLR SY CSII: Free Stock Analysis Report

ENZYMOTEC LTD ENZY: Free Stock Analysis Report

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