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MEI Pharma (MEIP) in Focus: Stock Rises 7.9% in Session

MEI Pharma, Inc. MEIP was a big mover last session, as the company saw its shares climb 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 26% in the past one-month time frame.

None of the estimates for this stock were revised over the past 30 days. The Zacks Consensus Estimate also remained unchanged over the same time frame. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

MEI Pharma currently carries a Zacks Rank #3 (Hold), while its Earnings ESP is 0.00%.

A better-ranked stock in the same industry is Alcobra Ltd. ADHD, sporting a Zacks Rank #1 (Strong Buy).

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

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Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
MEI PHARMA INC (MEIP): Free Stock Analysis Report
 
ALCOBRA LTD (ADHD): Free Stock Analysis Report
 
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