QLT Inc. (QLTI) in Focus: Stock Surges 14.63% - Tale of the Tape

QLT Inc. (NASDAQ: QLTI) was a big mover last session, as the company saw its shares rally nearly 15% on the day. This rally higher can be attributable to solid volume with far more shares changing hands than in a normal session. This broke the recent trend of the company, as the stock is now trading above the volatile price range of $5.06 to $5.66 in the past one-month time frame.

In the last 30 days, this company did not witness any estimate revisions and the Zacks Consensus Estimate has remained unchanged. However, yesterday's price action is encouraging, so make sure to keep a close watch on this firm in the near future

QLT currently has a Zacks Rank #4 (Sell) while its  Earnings ESP is 0.00%.

Other attractive players in the med drugs industry include Aeolus Pharmaceuticals Inc. (AOLS), Aerie Pharmaceuticals, Inc. (NASDAQ: AERI) and Ariad Pharmaceuticals Inc. (NASDAQ: ARIA), all carrying a Zacks Rank #2 (Buy).

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AEOLUS PHARMACT (AOLS): Get Free Report
 
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ARIAD PHARMA (NASDAQ: ARIA): Free Stock Analysis Report
 
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