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CNOOC Limited is now in Oversold Territory

Zacks Equity Research

CNOOC Limited’s (CEO) share price has entered into oversold territory with an RSI value of 25.1. The Zacks Consensus Estimate on CNOOC Limited’s earnings for the full year period has profit of 0.00 cents over the past two months to $0.04 per share. Currently, CNOOC Limited is a Zacks #2 Rank (“Buy”), suggesting that now might be a good time to get in on (CEO) after its recent drop.

CNOOC LTD (CEO): Free Stock Analysis Report

Zacks Investment Research