Today, we feature a life science equipment stock, ERBA Diagnostics Inc (NYSE: ERB) as top momentum gainer to watch since it gained over 24% in the last two consecutive days with huge trading volumes. ERBA was the top gainer in the U.S healthcare space having gained 42.9% during the last session and closed at its 52 week high of $3.90 while recording huge volumes of 1.75 million shares. During the past 5-trading sessions, ERB surged over 75% with 5-day average volumes of 495,177 shares, while the stock accumulated over 83% during the past month with daily average volume of 212,456 shares.
Company Description:
ERBA Diagnostics Inc (NYSE: ERB) develops, manufactures, and markets test kits, laboratory instruments, and raw materials such as antigens. The company’s products perform diagnostic tests for the detection of disease. ERBA’s products are sold to hospitals and clinical laboratories.
1-Year Stock Chart:
Source: Bloomberg
