Catamaran Corporation CTRX saw a big move last session, as the company's shares fell by nearly 6% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This continues the recent downtrend for CTRX, as the stock is now down over 14% in the past one-month time frame.
This slump shouldn't be too much of a surprise to investors, as Catamaran Corporation has seen 2 negative revisions in the past few weeks and its current year earnings consensus has moved lower over the last 30 days. This suggests there may be more trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent slump will continue, as the earnings picture definitely suggests that this might be the case.
CTRX currently has a Zacks Rank #4 (Sell) while its Earnings ESP is negative.
Investors interested in the medical services industry may consider better-ranked stocks like Envision Healthcare Holdings, Inc. EVHC, ICON Public Limited Company ICLR and Quintiles Transnational Holdings Inc. Q. All these stocks carry 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 >>
CATAMARAN CORP CTRX: Free Stock Analysis Report
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CTRX currently has a Zacks Rank #4 (Sell) while its Earnings ESP is negative.
Investors interested in the medical services industry may consider better-ranked stocks like Envision Healthcare Holdings, Inc. EVHC, ICON Public Limited Company ICLR and Quintiles Transnational Holdings Inc. Q. All these stocks carry 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 >>
CATAMARAN CORP CTRX: Free Stock Analysis Report
To read this article on Zacks.com click here.
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