Orexigen Therapeutics In Focus: Stock Tumbles 14.7% - Tale Of The Tape


Orexigen Therapeutics, Inc. OREX saw a big move in the last trading session, as the company's shares fell by nearly 15% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This reverses the recent uptrend for OREX, as the stock is up nearly 7% in the past one-month time frame.

The biopharmaceutical company has not seen any estimate revision over the past month, and the current year earnings consensus 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, especially on earnings estimates following the recent slump.

OREX currently holds a Zacks Rank #4 (Sell) while its Earnings ESP is positive.

Investors interested in the Drugs industry may consider better-ranked stocks like ANI Pharmaceuticals, Inc. ANIP, Gilead Sciences Inc. GILD and Osiris Therapeutics, Inc. OSIR, each of which holds 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
 
OREXIGEN THERAP OREX: Free Stock Analysis Report
 
ANI PHARMACEUT ANIP: Free Stock Analysis Report
 
GILEAD SCIENCES GILD: Free Stock Analysis Report
 
OSIRIS THERAPTC OSIR: Free Stock Analysis Report
 
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