Advertisement
Singapore markets close in 7 hours 57 minutes

  • Straits Times Index

    3,187.66
    +32.97 (+1.05%)
     

  • Nikkei

    37,326.76
    -752.94 (-1.98%)
     

  • Hang Seng

    16,385.87
    +134.03 (+0.82%)
     

  • FTSE 100

    7,877.05
    +29.06 (+0.37%)
     

  • Bitcoin USD

    62,737.40
    +1,180.02 (+1.92%)
     

  • CMC Crypto 200

    1,303.24
    +417.71 (+46.74%)
     

  • S&P 500

    5,011.12
    -11.09 (-0.22%)
     

  • Dow

    37,775.38
    +22.07 (+0.06%)
     

  • Nasdaq

    15,601.50
    -81.87 (-0.52%)
     

  • Gold

    2,392.50
    -5.50 (-0.23%)
     

  • Crude Oil

    82.60
    -0.13 (-0.16%)
     

  • 10-Yr Bond

    4.6470
    +0.0620 (+1.35%)
     

  • FTSE Bursa Malaysia

    1,544.76
    +4.34 (+0.28%)
     

  • Jakarta Composite Index

    7,166.81
    -7,130.84 (-49.87%)
     

  • PSE Index

    6,523.19
    +73.15 (+1.13%)
     

Alexion (ALXN) Catches Eye: Stock Jumps 7.8%

Zacks Equity Research
·2-min read

Alexion Pharmaceuticals, Inc. ALXN 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 breaks the recent trend of the company, as the stock is now trading above the volatile price range of $96.84 to $108.45 in the past one-month time frame.

The company has seen seven negative estimate revisions in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved lower over the past few weeks, 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.

Alexion currently has a Zacks Rank #3 (Hold) while its Earnings ESP is negative.


Investors interested in the Medical - Biomedical and Genetics industry may consider Akcea Therapeutics Inc AKCA, which has a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

ADVERTISEMENT

The Hottest Tech Mega-Trend of All

Last year, it generated $24 billion in global revenues. By 2020, it's predicted to blast through the roof to $77.6 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for regular investors who make the right trades early.

See Zacks' 3 Best Stocks to Play This Trend >>


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
 
Alexion Pharmaceuticals, Inc. (ALXN) : Free Stock Analysis Report
 
Akcea Therapeutics, Inc. (AKCA) : Free Stock Analysis Report
 
To read this article on Zacks.com click here.