American Public Education Could Be Oversold

The shares of American Public Education

seem grossly oversold. Its relative strength index is currently slightly below 17. Last Thursday, American Public Education reported better than expected Q1 profit, but its Q2 guidance disappointed investors. As a result, the stock fell more than 10% near the $17 level. However, low RSI could indicate that the stock is oversold. American Public Education is currently trading at $27.22, a loss of $0.88 or 3.11% from Friday's closing price.