Orexigen (OREX) in Focus: Stock Moves 6.1% Higher - Tale of the Tape - Illumina (NASDAQ:ILMN), Gilead Sciences (NASDAQ:GILD)

Orexigen Therapeutics, Inc. OREX was a big mover last session with its shares rising over 6% 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 past one month's volatile price range of $5.29 to $5.90.

This biopharmaceutical company has seen has seen no estimate revision in the last 7 days. The Zacks Consensus Estimate hasn't been in trend either. Yesterday's price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Orexigen currently holds a Zacks Rank #4 (Sell) while its Earnings ESP is 0.00%.

Investors interested in the broader medical sector may consider other well-placed stocks like Myriad Genetics Inc. MYGN, Gilead Sciences Inc. GILD and Illumina Inc. ILMN. All three stocks sport a Zacks Rank #1 (Strong 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 >>

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

GILEAD SCIENCES GILD: Free Stock Analysis Report

ILLUMINA INC ILMN: Free Stock Analysis Report

MYRIAD GENETICS MYGN: Free Stock Analysis Report

OREXIGEN THERAP OREX: 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

-

-

-

-

-

-

-

25% Off Benzinga's Most Powerful Trading Tools

-

-

-

-

-

-

-

Orexigen (OREX) in Focus: Stock Moves 6.1% Higher - Tale of the Tape