Shoe Carnival Enters Oversold Territory - Tale of the Tape

Shoe Carnival Inc.’s (SCVL) share price has entered into oversold territory with a stochastic value of 11.56. The Zacks Consensus Estimate on the company’s earnings for the year ending January 2011 increased 7 cents over the past month to $1.93 per share. Shoe Carnival is a Zacks #2 Rank (“Buy”) company.
 
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