China Medical Enters Oversold Territory – Tale of the Tape (CMED)

Zacks

China Medical Technologies, Inc.’s (CMED) share price has entered into oversold territory with a stochastic value of 8.024. The Zacks Consensus Estimate on the company’s earnings for March 2012 increased by a penny over the past month to $1.72 per share. China Medical Tech is a Zacks #1 Rank (“Strong Buy”) company.

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