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Synergy Pharmaceuticals (SGYP) Surges: Stock Moves 12.1% Higher

Synergy Pharmaceuticals Inc. SGYP was a big mover last session, as the company saw its shares rise more than 12% 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 $2.57 to $3.01 in the past one-month time frame.

The company has seen one negative estimate revision in the past month, while its Zacks Consensus Estimate for the current quarter has also moved lower in the said time period, 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.

Synergy Pharmaceuticals currently has a Zacks Rank #4 (Sell), while its Earnings ESP is negative.

Synergy Pharmaceuticals, Inc. Price

Synergy Pharmaceuticals, Inc. Price | Synergy Pharmaceuticals, Inc. Quote

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A better-ranked stock in the  Medical – Drugs industry is Jazz Pharmaceuticals Public Limited Company JAZZ, which currently carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

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

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