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Mylan Moves into Oversold Territory

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July 09, 2009 |Comments: 0
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MYL

Mylan Inc.’s (MYL) share price has entered into oversold territory with a stochastic value of 5.59. The Zacks #2 Rank (“Buy”) stock has topped the consensus estimate in 3 out of last 4 quarters with an average surprise of 54.72%, or 6 cents per share. The average forecast on the company’s full-year earnings has moved up by 4 cents over the past 3 months to $1.07 per share.

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