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Advanced Accelerator (AAAP) in Focus: Stock Moves 10.4% Higher

Zacks Equity Research

Advanced Accelerator Applications S.A. AAAP was a big mover last session, as the company saw its shares rise more than 10% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company—as the stock is now up 23.6% in the past one-month time frame.

The upside was driven by rumors of a potential buyout of the company by Novartis A.G. NVS.

The company has seen a mixed track record when it comes to estimate revisions of no increase and decrease over the past few weeks, while the Zacks Consensus Estimate for the current quarter hasn’t been in a trend either. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Advanced Accelerator Applications S.A. Price

Advanced Accelerator Applications S.A. Price | Advanced Accelerator Applications S.A. Quote

Advanced Accelerator currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

A better-ranked stock in the Medical sector is MEI Pharma, Inc. MEIP, which currently carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Is AAAP going up? Or down? Predict to see what others think: Up or Down.

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Novartis AG (NVS) : Free Stock Analysis Report
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