Down -11.07% in 4 Weeks, Here's Why Reservoir Media (RSVR) Looks Ripe for a Turnaround

Reservoir Media, Inc. (RSVR) has been beaten down lately with too much selling pressure. While the stock has lost 11.1% over the past four weeks, there is light at the end of the tunnel as it is now in oversold territory and Wall Street analysts expect the company to report better earnings than they predicted earlier. 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 ...