Xueda Education Enters Oversold Territory – Tale of the Tape

Xueda Education Group’s (XUE) share price has entered into oversold territory with a stochastic value of 19.071. The Zacks Consensus Estimate on the company’s earnings for year ending December 2011 increased by a cent over the past two months to 37 cents per share. Xueda Education is a Zacks #2 Rank (“Buy”) company.