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Wright Medical Group Inc. (WMGI) Enters Overbought territory

Zacks Equity Research

Although Wright Medical Group Inc. ( WMGI ) is up over 10.2% in the past four weeks, investors may be concerned. After all, WMGI is now in overbought territory, at least when looking at its RSI value of 73.8. If that wasn’t enough, investors should also note that Wright Medical Group Inc. possesses a Zacks Rank #4 (Sell), so if analyst perception is any guide, we could witness a slump in WMGI shares before too long.

WRIGHT MEDICAL GRP INC (WMGI): Free Stock Analysis Report

Zacks Investment Research