Although Granite Construction Inc. (GVA) is up over 11.7% in the past four weeks, investors may be concerned. After all, GVA is now in overbought territory, at least when looking at its RSI value of 71.8. If that wasn’t enough, investors should also note that Granite Construction Inc. possessesa Zacks Rank #5 (Strong Sell), so if analyst perception is any guide, we could witness a slump in GVA shares before too long.
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