BioAmber Inc. BIOA saw a big move last session, as the company's shares fell by about 10% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This stock, trading at a volatile range of $9.38–$10.67 in the past one-month time frame, showed a sharp decline yesterday at $9.63.
The biotechnology company has seen a flat track record when it comes to current year estimate revisions over the past 30 days and the consensus for earnings hasn't been in a trend either. This recent price action is discouraging, so make sure to keep a close watch of this firm in the near future, and especially on earnings estimates following the recent slump.
BIOA currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
Some better-ranked stocks in the chemical specialty sector include International Flavors & Fragrances Inc. IFF, KMG Chemicals Inc. KMG and NL Industries Inc. NL. All these stocks carry a Zacks Rank #2 (Buy).
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BIOAMBER INC BIOA: Get Free Report
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BIOA currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
Some better-ranked stocks in the chemical specialty sector include International Flavors & Fragrances Inc. IFF, KMG Chemicals Inc. KMG and NL Industries Inc. NL. All these stocks carry a Zacks Rank #2 (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
BIOAMBER INC BIOA: Get Free Report
To read this article on Zacks.com click here.
Zacks Investment Research
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