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Immunomedics (IMMU) in Focus: Stock Moves 7.9% Higher

Zacks Equity Research
Updated

Immunomedics, Inc.IMMU 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 continues the recent uptrend for the company—as the stock is now up 27.4% in the past one-month time frame.

The company has seen a flat track record when it comes to estimate revisions over the past few weeks, while the Zacks Consensus Estimate for the current quarter has also remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

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

Immunomedics, Inc. Price

Immunomedics, Inc. Price | Immunomedics, Inc. Quote

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

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Immunomedics, Inc. (IMMU) : Free Stock Analysis Report
 
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