After Plunging -18.51% in 4 Weeks, Here's Why the Trend Might Reverse for Gitlab (GTLB)
Gitlab (GTLB) ZACKS·2024-06-26 14:35
Here is How to Spot Oversold Stocks This technical indicator is not the only factor that calls for a potential rebound for the stock. There is a fundamental indicator as well. A strong agreement among sell-side analysts covering GTLB in raising earnings estimates for the current year has led to an increase in the consensus EPS estimate by 47.4% over the last 30 days. And an upward trend in earnings estimate revisions usually translates into price appreciation in the near term. Moreover, GTLB currently has a ...