Anacor Pharmaceuticals, Inc. (ANAC) in Focus: Stock Surges 6.76% - Tale of the Tape
Anacor Pharmaceuticals, Inc. (NASDAQ: ANAC) was a big mover last session, as the company saw its shares surge nearly 7% on the day. This rally higher can be attributable to solid volume with far more shares changing hands than in a normal session. This stock, trading in a volatile price range of $15.49 to $18.46 in the past one-month time frame, showed a pick-up yesterday at $16.91.
Although the company has seen no estimate revisions in the past one month, its Zacks Consensus Estimate of a loss widened over the same period, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent move higher can last.
Anacor Pharmaceuticals currently has a Zacks Rank #3 (Hold) while its Earnings ESP is positive.
Other attractive players in the healthcare industry include Synergy Pharmaceuticals, Inc. (NASDAQ: SGYP), carrying a Zacks Rank #1 (Strong Buy) along with BioCryst Pharmaceuticals, Inc. (NASDAQ: BCRX) and Ohr Pharmaceutical, Inc. (OHRP) with 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
ANACOR PHARMACT (NASDAQ: ANAC): Free Stock Analysis Report
SYNERGY PHARMAC (NASDAQ: SGYP): Free Stock Analysis Report
BIOCRYST PHARMA (NASDAQ: BCRX): Free Stock Analysis Report
OHR PHARMACEUT (OHRP): Get Free Report
To read this article on Zacks.com click here.
Zacks Investment Research
The following article is from one of our external contributors. It does not represent the opinion of Benzinga and has not been edited.