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zacks

Biovail Enters Oversold Territory

  • By Abhijit Ghosh
  • On 11:00 am EDT, Thursday October 22, 2009

Biovail Corp.’s (NYSE: BVF - News) share price has moved into oversold territory with a stochastic value of 13.76. The Zacks #1 Rank (“Strong Buy) company has either topped or met the Zacks Consensus Estimate in each of the last 4 quarters with an average surprise of 26.5%, or 8 cents per share. Moreover, the Zacks Consensus Estimate on the company’s full-year earnings has increased by 4 cents over the past month to $1.40 per share.

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