InterOil Corporation Enters Oversold Territory


InterOil Corporation’s (IOC) share price has entered into oversold territory with a stochastic value of 13.557. The Zacks Consensus Estimate on the company’s earnings for year ending December 2012 increased by 13 cents over the past month to 28 cents per share. InterOil Corporation is a Zacks #1 Rank (“ Strong Buy”) company.


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