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Merus (MRUS) Looks Good: Stock Adds 7% in Session
Merus N.V. (MRUS - Free Report) was a big mover last session, as the company saw its shares rise nearly 7% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This stock, which remained volatile and traded within the range of $10.57 –$13.06 in the past one-month time frame, witnessed a sharp increase yesterday.
The company has seen three positive estimate revisions in the past few month, while its Zacks Consensus Estimate for the current quarter has also moved higher over the past few months, suggesting that more solid trading could be ahead for Merus. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.
Merus currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
Merus N.V. Price
Merus N.V. price | Merus N.V. Quote
A better-ranked stock in the Medical - Biomedical and Genetics industry is Emergent Biosolutions Inc (EBS - Free Report) , which currently carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
More Stock News: This Is Bigger than the iPhone!
It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market.
Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2021.
Click here for the 6 trades >>