Ambit Biosciences (AMBI) in Focus: Stock Jumps 10.0% - Tale of the Tape

Ambit Biosciences Corporation AMBI was a big mover last session, as the company saw its shares rise just over 10% 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 for the company, as the stock is now trading above the past one month's volatile price range of $5.94 to $6.96.

This biopharmaceutical company has seen no estimate revision in the last 7 days. The Zacks Consensus Estimate has also remained unchanged over the same time frame. Friday's rally is encouraging though, so make sure to keep a close watch on this firm in the near future.

Ambit Biosciences currently has a Zacks Rank #4 (Sell) while its Earnings ESP is 0.00%.

Some better-ranked Biomedical stocks worth considering are Gilead Sciences Inc. GILD, Myriad Genetics Inc. MYGN and Illumina Inc. ILMN. All three stocks hold a Zacks Rank #1 (Strong Buy).

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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
 
AMBIT BIOSCIENC AMBI: Free Stock Analysis Report
 
GILEAD SCIENCES GILD: Free Stock Analysis Report
 
ILLUMINA INC ILMN: Free Stock Analysis Report
 
MYRIAD GENETICS MYGN: Free Stock Analysis Report
 
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