Bearish MACD for McDermott International - Tale of the Tape
01 November 2011 - 11:49AM
Zacks
McDermott International’s
(MDR) MACD indicator has entered into bearish territory with a
reading of -0.4692. The Zacks #5 Rank (“Strong Sell”) stock
decreased slightly to $10.82 in morning trade. The Zacks Consensus
Estimate for the year ending December 2011 has decreased by 18
cents over the past week to 98 cents per share.
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