Oportun Financial Enters Oversold Territory

Oportun金融进入超卖地区

2020/04/07 00:00  Zacks Equity Research

Oportun Financial Corporation (OPRT-Free Report) has been on a bit of a cold streak lately, but there might be light at the end of the tunnel for this overlooked stock. And for technical investors there is some hope when looking at OPRT given that, according to its RSI reading of 21.92, it is now in oversold territory.

What is RSI?

RSI stands for ‘Relative Strength Index’ and it is a popular indicator used by technically focused investors. It compares the average of gains in days that closed up to the average of losses in days that closed down; readings above 70 suggest an asset is overbought, while an RSI below 30 suggests undervalued conditions are present.

Other Factors

Yet, OPRT’s low RSI value isn’t the only reason to have some optimism over a coming turnaround, as there has been plenty of positive earnings estimate revision activity as of late. This is especially true when investors take a deep dive into some of these estimate revision stats and recent changes to Oportun Financial’s earnings consensus.

Over the past two months, investors have seen 1 earnings estimate revision move higher, compared with none lower, at least when looking at the key current year time frame. And the consensus estimate for OPRT has also been on an upward trend over the past 60 days, as estimates have risen by 3.1% over the last two months.

If this wasn’t enough, Oportun Financial also has a Zacks Rank #1 (Strong Buy) which puts it into rare company among its peers. So, given all of these factors, investors may want to consider getting in on this stock now (or holding on), as there are some favorable trends that could bubble up for this stock before long. You can see the complete list of today’s Zacks #1 Rank stocks here .

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OportunFinancialCorporation(OPRT-FreeReport)最近一直有点冷酷,但对于这种被忽视的股票来说,在隧道的尽头可能会有一些光明。对于技术投资者来说,考虑到OPRT的RSI读数为21.92,它现在处于超卖区间,因此有一些希望。

什么是RSI?

RSI代表“相对强势指数”,是技术上专注于投资者的热门指标。它将收盘日的平均涨幅与收盘日的平均跌幅进行了比较;高于70的数据表明资产超买,而RSI低于30表示存在被低估的状况。

其他因素

然而,OPRT的低RSI值并不是对即将到来的转机持乐观态度的唯一原因,因为最近有很多积极的盈利预期修正活动。尤其是当投资者深入研究这些预估修正数据,以及最近Oportun Financial盈利共识的变化时,情况尤其如此。

在过去两个月里,投资者看到1家公司的盈利预期上调,至少在当前关键年份的时间框架内是如此。对OPRT的一致估计在过去的60天里也有上升的趋势,因为在过去的两个月中估计上升了3.1%。

如果这还不够的话,Oportun金融公司也有一个ZackRank#1(强力收购),这使它成为其同行中罕见的公司。因此,考虑到所有这些因素,投资者可能会考虑现在(或坚持)买入这只股票,因为在不久的将来,可能会出现一些有利的趋势。你可以在这里看到今天的Zacks1Rank股票的完整列表。

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