Scholastic Corp Enters Oversold Territory


Scholastic Corp.’s (SCHL) share price has entered into oversold territory with a stochastic value of 5.3643. The Zacks Consensus Estimate on the company’s earnings for year ending May 2012 increased by 64 cents over the past two months to $2.65 per share. Scholastic Corp is a Zacks #2 Rank (“Buy”) company.


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