Carbonite Inc. Enters Oversold Territory

Zacks Equity Research
November 14, 2013

Carbonite Inc. ’s (CARB) share price has entered into oversold territory with an RSI value of 26.7. The Zacks Consensus Estimate on Carbonite Inc.’s earnings for the full year period has loss of 0.07 cents over the past two months to $-0.48 per share. Currently, Carbonite Inc. is a Zacks #2 Rank (“Buy”), suggesting that now might be a good time to get in on (CARB) after its recent drop.


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