Ultrapar Participacoes SA Enters Oversold Territory – Tale of the Tape

Zacks

Ultrapar Participacoes SA’s (UGP) 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) after its recent drop.

To read this article on Zacks.com click here.

Get all Zacks Research Reports and be alerted to fast-breaking buy and sell opportunities every trading day.

Be the first to comment

Leave a Reply