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TransEnterix in Focus: Stock Surges 10% in Session

TransEnterix, Inc. TRXC was a big mover last session, as the company saw its shares surge 10% 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 30.9% in the past one-month time frame.

None of the estimates for this stock were revised over the past seven 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.

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

A better-ranked stock in the same industry is Accuray Incorporated ARAY, carrying a Zacks Rank #2 (Buy).

Is TRXC 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
 
ACCURAY INC (ARAY): Free Stock Analysis Report
 
TRANSENTERX INC (TRXC): Free Stock Analysis Report
 
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