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Medical Action Enters Oversold Territory

July 02, 2009 | Comments: 0
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MDCI

Medical Action Industries Inc.’s (MDCI - Snapshot Report) share price has entered into oversold territory with a stochastic value of 16.86. Analysts have been raising their estimates on the Zacks #2 Rank (“Buy”) company’s fiscal 2010 earnings, with the consensus up 12 cents over the past month to 58 cents per share.