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Zhongpin Moves Into Oversold Territory
Zhongpin Inc.’s (HOGS) share price has entered into oversold territory with a stochastic value of 2.58. The Zacks #2 Rank (“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 3 cents over the past 2 months to $1.54 per share.
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| Market Summary | Nov 21, 2009 23:59 pm ET |
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