Merchants Bancshares,Inc Enters Oversold Territory – Tale of the Tape

Zacks

Merchants Bancshares,Inc ’s (MBVT) share price has entered into oversold territory with an RSI value of 29.56. The Zacks Consensus Estimate on Merchants Bancshares,Inc’s earnings for the full year period has increased by 14 cents over the past two months to $2.50 per share. Currently, Merchants Bancshares,Inc is a Zacks #2 Rank (“Buy”), suggesting that now might be a good time to get in on (MBVT) after its recent drop.

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