Selecta Biosciences (SELB) In Focus: Stock Moves 6.5% Higher

Selecta Biosciences SELB was a big mover last session, as its shares rose over 6% on the day. The move came after the company announced data from its ongoing Phase 2 trial of SEL-212 (SVP-Rapamycin in combination with the uricase enzyme pegsiticase), which is being developed for patients with chronic severe gout. This led to far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up roughly 27% in the past one-month time frame.

None of the estimates for this stock were revised over the past 30 days. The Zacks Consensus Estimate also remained unchanged over the same time frame. Yesterday's price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

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

A better-ranked stock in the Medical - Biomedical and Genetics space is VIVUS, Inc. VVUS, sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here.

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