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Zhongpin Moves Into Oversold Territory

June 26, 2009 | Comments: 0
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HOGS

Zhongpin Inc.'s (HOGS) share price has moved into oversold territory with a stochastic value of 14.56. The stock Zacks #2 Rank ("Strong Buy") stock has topped the consensus forecast in each of the last 4 quarters with an average surprise of 14.74%, or 4 cents per share. Moreover, the consensus estimate on the company's full-year earnings has moved up by 5 cents over the past 2 months to $1.54 per share.