Melco Crown Enters Oversold Territory – Tale of the Tape (MPEL)

Zacks

Melco Crown Entertainment Ltd (ADR)’s (MPEL) share price has entered into oversold territory with a stochastic value of 16.688. The Zacks Consensus Estimate on the company’s earnings for December 2011 increased by 3 cents over the past month to 35 cents per share. Melco Crown Entertainment Ltd is a Zacks #2 Rank (“Buy”) company.

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