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Ultrapar Participacoes SA Enters Oversold Territory

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Ultrapar Participacoes SA’s (UGP - Free Report) share price has entered into oversold territory with an RSI value of 24.75. The Zacks Consensus Estimate on Ultrapar Participacoes SA’s earnings for the full year period have moved higher by 6 cents over the past two months to $1.14 per share. Currently, Ultrapar Participacoes SA is a Zacks #1 Rank (“Strong Buy”), suggesting that now might be a good time to get in on (UGP - Free Report) after its recent drop.

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