Tilray
, Inc.
TLRY
was a big mover last session, as the company saw its shares rise more than 5% 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 38.1% in the past one-month time frame.
The company has seen six positive estimate revisions in the past few months, while its Zacks Consensus Estimate for the current quarter has also moved higher over the past few months, suggesting that more solid trading could be ahead for Tilray. 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.
Tilray currently has a Zacks Rank #3 (Hold) while its
Earnings ESP
is 0.00%.
A better-ranked stock in the Medical sector is
CanFite Biopharma Ltd
CANF
, which currently carries a Zacks Rank #2 (Buy). You can see
the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here
.
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