9 Meters Biopharma (NMTR) in Focus: Stock Moves 5.8% Higher



9 Meters Biopharma, Inc.


NMTR

was a big mover last session, as the company saw its shares rise nearly 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This stock, which remained volatile and traded within the range of 57 cents – 74 cents in the past one-month time frame, witnessed a sharp increase yesterday.


The company’s Zacks Consensus Estimate for the current quarter has moved higher over the past few weeks, suggesting that more solid trading could be ahead for 9 Meters Biopharma. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.


9 Meters Biopharma currently has a Zacks Rank #2 (Buy) while its

Earnings ESP

is positive.


Another stock worth considering in the Medical – Biomedical and Genetics industry is Emergent BioSolutions Inc.

EBS

which 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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