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Advanced Accelerator (AAAP) Worth Watching: Stock Jumps 6.2%

Zacks

Advanced Accelerator Applications S.A. AAAP was a big mover last session, as the company saw its shares rise over 6% on the day. Share gained after the company announced that the EMA has issued a positive opinion on the Marketing Authorization Application for SomaKit TOC 40µg for Positron Emission Tomography (PET) imaging of somatostatin receptor overexpression in adult patients with confirmed or suspected well-differentiated gastroenteropancreatic neuroendocrine tumors for localizing primary tumors and their metastases. The news led to far more shares changing hands than in a normal session resulting in solid volume. This continues the recent uptrend for the company as the stock is now up 15.4% 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. Friday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

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

ADV ACCELERATOR Price


ADV ACCELERATOR Price | ADV ACCELERATOR Quote

A better-ranked stock in the same industry is Corcept Therapeutics Incorporated CORT, sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here .

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

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