$MCUR Tale of the Tape

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Macrocure (MCUR) Falls: Stock Goes Down 10% – Tale of the Tape

Macrocure Ltd. (MCUR) saw a big move last session, as the company’s shares fell nearly 10% 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 MCUR as the stock is now up over 21% in the past one-month time frame.

The biotechnology company has seen a flat track record when it comes to current year estimate revisions over the past few weeks, and the consensus for earnings hasn’t been in a trend either. This recent price action is discouraging, so make sure to keep a close watch on this firm in the near future, and especially on earnings estimates following the recent slump.

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