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Beasley Broadcast Group Inc (BBGI) Enters Overbought Territory - Tale of the Tape

Posted
9/10/2013 5:57:00 AM
By: Zacks.com
Referenced Stocks:BBGI

Beasley Broadcast Group Inc ( BBGI ) has moved higher as of late, but there could definitely be trouble on the horizon for this company. That is because BBGI is now in overbought territory with an RSI value of 70.74. Furthermore, estimates for the Beasley Broadcast Group have been coming down, pushing it to a Zacks Rank #4 (Sell). This suggests that investors may better off exiting this stock before it falls back to Earth.



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