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home / news releases / PKI - Former Resistance Now Acting As Support For PerkinElmer

PKI - Former Resistance Now Acting As Support For PerkinElmer

PerkinElmer Inc.
  • PerkinElmer has seen a huge increase in the demand for its products and services as a result of the pandemic.
  • Earnings and revenue have increased dramatically in recent quarters and that growth is expected to continue when first quarter results come out.
  • Sentiment toward the stock is surprisingly bearish with analysts, short sellers, and option traders all showing signs of pessimism.
  • The stock is currently oversold based on the weekly stochastic indicators, but the indicators did just make a bullish crossover.

For further details see:

Former Resistance Now Acting As Support For PerkinElmer
Stock Information
Company Name: PerkinElmer Inc.
Stock Symbol: PKI
Market: NYSE
Website: perkinelmer.com
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