Ignyta (RXDX) Jumps: Stock Adds 5.9% in Session - Tale of the Tape

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Ignyta, Inc. RXDX was a big mover last session, as its shares rose nearly 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 for the company, as the stock is now trading above the volatile price range of $7.46 to $7.73 in the past one-month timeframe.

In the last 30 days, the company witnessed two negative estimate revisions and the Zacks Consensus Estimate also moved lower, signaling trouble down the road. So make sure to keep an eye on this stock going forward to see if yesterday's move higher can last.

Ignyta currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

Other better-ranked stocks in the med-drugs industry include Endo International plc ENDP, Hyperion Therapeutics, Inc. HPTX and Lannett Company, Inc. LCI. All three sport a Zacks Rank #1 (Strong Buy).
    
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ENDO INTL PLC ENDP: Free Stock Analysis Report

LANNETT INC LCI: Free Stock Analysis Report

HYPERION THERAP HPTX: Free Stock Analysis Report

IGNYTA INC RXDX: Free Stock Analysis Report

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Zacks Investment Research
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