Tetraphase (TTPH) Crumbles: Stock Tanks by 15%
Tetraphase Pharmaceuticals, Inc. (TTPH) saw a big move last session, as the company’s shares fell by almost 15% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This reverses the recent trend for TTPH as the stock is now up around 12% in the past one-month time frame.
This clinical-stage biopharmaceutical company has seen a flat track record when it comes to current year estimate revisions over the past few weeks and the consensus for loss hasn’t been in a trend either. This recent price action is discouraging, so make sure to keep a close watch of this firm in the near future, and especially on earnings estimates following the recent slump.
TTPH currently has a Zacks Rank #4 (Sell) while its Earnings ESP is 0.00%.
Some better-ranked stocks in the Med-Drugs industry include Ampio Pharmaceuticals, Inc. (AMPE), Cempra, Inc. (CEMP) and Enanta Pharmaceuticals, Inc. (ENTA). All these stocks carry a Zacks Rank #1 (Strong Buy).
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TETRAPHASE PHARMACEUTICALS INC (TTPH): Free Stock Analysis Report
AMPIO PHARMACEUTICALS INC (AMPE): Free Stock Analysis Report
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