New Oriental Enters Oversold Territory – Tale of the Tape (EDU)

Zacks New Oriental Educatn & Tech Grp Inc(ADR)’s (EDU) share price has entered into oversold territory with a stochastic value of 15.795. The Zacks Consensus Estimate on the company’s earnings for year ending May 2012 increased by 2 cents over the past month to 91 cents per share. New Oriental Educatn & Tech is a Zacks #1 Rank (“Strong Buy”) company.

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