Stein Mart Enters Oversold Territory
Stein Mart Inc.’s (SMRT) share price has entered into oversold territory with a stochastic value of 14.10. Analysts have been increasing their estimates on the company’s earnings for the year ending Jan 2010, sending the Zacks Consensus Estimate up by 14 cents over the past month to 65 cents per share. Stein Mart is a Zacks #1 Rank (“Strong Buy”) company.
