Down -35.74% in 4 Weeks, Here's Why PDS Biotechnology (PDSB) Looks Ripe for a Turnaround
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PDS Biotechnology (PDSB) has experienced a significant decline of 35.74% over the past four weeks. However, the stock is now in oversold territory, and Wall Street analysts are revising earnings estimates higher, suggesting a potential trend reversal.
November 20, 2024 | 3:45 pm
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PDS Biotechnology (PDSB) has seen a 35.74% decline in the past month, but it is now considered oversold. Analysts are revising earnings estimates upwards, suggesting a potential reversal in stock price.
The stock's significant decline has led it to oversold territory, a technical indicator that often precedes a price rebound. Additionally, the upward revision of earnings estimates by analysts supports the likelihood of a positive price movement.
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