Medidata Solutions, Inc. MDSO was a big mover last session, as its shares rose over 6% 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 over 14% in the past one-month time frame.
The company has seen one positive estimate revision in the past 30 days, while its Zacks Consensus Estimate remained unchanged over the same time frame, suggesting more solid trading ahead. So make sure to keep an eye on this stock going forward to see if yesterday’s jump can turn into more strength down the road.
Medidata currently carries a Zacks Rank #3 (Hold), while its Earnings ESP is 0.00%.
Another stock worth considering in the Medical Info Systems space is IRHYTHM TECH IRTC. The stock currently carries a Zacks Rank #3. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here..
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Medidata Solutions, Inc. (MDSO): Free Stock Analysis Report
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Zacks Investment Research
June 07, 2017 at 05:48PM
from Zacks Equity Research
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