From a long-term perspective, Healthcare Services Group, Inc. (HCSG) has never been this oversold since the year 2000. We can see this on the monthly chart below. The question is whether shares will bounce back and print new highs or has the multi-year upward trend come to a grinding halt.
When evaluating potential value plays, we invariably look at the company's present financials, debt, earnings profile, and dividend. If all of these areas stack up successfully, then the recent decline may only end up being a speed bump instead of a multi-year decline.