Encore Capital Enters Oversold Territory

Encore Capital Group Inc.’s (ECPG) share price has entered into oversold territory with a stochastic value of 13.76. Analysts have been increasing their estimates on the company’s full-year earnings, sending the Zacks Consensus Estimate up by 8 cents over the past 2 months to $1.33 per share. Encore Capital Group is a Zacks #1 Rank (“Strong Buy”) company.

