Sunshine Heart (SSH) Worth Watching: Stock Gains 8.4%
Sunshine Heart Inc. (SSH) was a big mover last session with its shares rising over 8% 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 of the company as the stock has gained just over 19% in the past one-month time frame.
This early-stage medical device company has seen a mixed track record when it comes to estimate revisions of 2 increases and 1 decrease in the last 60 days. Meanwhile, the Zacks Consensus Estimate has moved higher over the same period. This implies solid trading potential for the company. So make sure to keep an eye on this stock going forward to see if yesterday’s climb can turn into more strength down the road.
Sunshine Heart currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
Stocks worth considering in the medical instruments industry are RTI Surgical Inc. (RTIX), Bacterin International Holdings, Inc. (BONE) and Echo Therapeutics, Inc. (ECTE). While RTI Surgical sports a Zacks Rank #1 (Strong Buy), Bacterin International and Echo Therapeutics carry 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 >>
SUNSHINE HEART INC (SSH): Free Stock Analysis Report
RTI SURGICAL INC (RTIX): Free Stock Analysis Report
BACTERIN INTERNATIONAL HOLDINGS (BONE): Free Stock Analysis Report
ECHO THERAPEUTICS INC (ECTE): Free Stock Analysis Report
Zacks Investment Research