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Cempra (CEMP) Worth a Look: Stock Jumps 7.7% in Session
Cempra, Inc. was a big mover last session, as the company saw its shares rise nearly 8% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend for the company as the stock is now down 56.9% in the past one-month time frame.
The company has seen one positive revision in the past one month, while its Zacks Consensus Estimate moved higher over the same time frame, suggesting that more solid trading could be ahead for this stock. So make sure to keep an eye on this stock going forward to see if Friday’s jump can turn into more strength down the road.
Cempra currently carries a Zacks Rank #3 (Hold), while its Earnings ESP is negative.
CEMPRA INC Price
CEMPRA INC Price | CEMPRA INC Quote
A better-ranked stock in the same space is Akebia Therapeutics, Inc. (AKBA - Free Report) , sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Is CEMP going up? Or down? Predict to see what others think: Up or Down
Zacks' Top 10 Stocks for 2017
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