QLT Inc. (QLTI) in Focus: Stock Surges 14.63% - Tale of the Tape

QLT Inc. QLTI was a big mover last session, as the company saw its shares rally nearly 15% on the day. This rally higher can be attributable to solid volume with far more shares changing hands than in a normal session. This broke the recent trend of the company, as the stock is now trading above the volatile price range of $5.06 to $5.66 in the past one-month time frame.

In the last 30 days, this company did not witness any estimate revisions and the Zacks Consensus Estimate has remained unchanged. However, yesterday's price action is encouraging, so make sure to keep a close watch on this firm in the near future

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

Other attractive players in the med drugs industry include Aeolus Pharmaceuticals Inc. (AOLS), Aerie Pharmaceuticals, Inc. AERI and Ariad Pharmaceuticals Inc. ARIA, all carrying 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

AEOLUS PHARMACT (AOLS): Get Free Report

AERIE PHARMACT AERI: Get Free Report

ARIAD PHARMA ARIA: 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