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Cambrex (CBM) Shows Strength: Stock Moves 5.1% Higher

Zacks Equity Research
Updated

Cambrex Corporation. CBM was a big mover last session, as the company saw its shares rise above 5% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. Meanwhile, this reverses the downtrend for the company, as the stock is now down over 20% in the past one-month time frame.

The company has not seen any estimate revision in the past 30 days and the Zacks Consensus Estimate also remained unchanged. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Cambrex currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

A better-ranked biomedical stock is Anika Therapeutics Inc. ANIK with a Zacks Rank #1 (Strong Buy).

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ANIKA THERAPEUT (ANIK): Free Stock Analysis Report
 
CAMBREX CORP (CBM): Free Stock Analysis Report
 
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Zacks Investment Research