Albemarle Enters Oversold Territory – Tale of the Tape

Albemarle Corporation’s (ALB) share price has entered into oversold territory with a stochastic value of 9.724. The Zacks Consensus Estimate on the company’s earnings for December 2011 increased by 24 cents over the past month to $4.67 per share. Albemarle Corporation is a Zacks #2 Rank (“Buy”) company.