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zacks

Micrel Enters Oversold Territory

  • On 1:03 pm EST, Monday November 9, 2009

Micrel Inc.’s (NasdaqGS: MCRL - News) share price has moved into oversold territory with a stochastic value of 10.42. The Zacks Consensus Estimate on the company’s full-year earnings has jumped 6 cents over the past month to 31 cents per share. Micrel is a Zacks #2 Rank (“Buy) company.

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