Multi-Color (LABL) Enters Overbought Territory - Tale of the Tape

by Zacks, Benzinga Contributor

April 7, 2014 11:56 AM | 1 min read | Make a Comment

Although Multi-Color Corporation LABL is up over 5.2% in the past four weeks, investors may be concerned. After all, LABL is now in overbought territory, at least when looking at its RSI value of 70.9. If that wasn't enough, investors should also note that Multi-Color possesses a Zacks Rank #4 (Sell), so if analyst perception is any guide, we could witness a slump in LABL shares before too long.

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