Bearish MACD for Astec – Zacks Tale of the Tape
Source: http://www.zacks.com/stock/news/26508/Bearish+MACD+for+Astec+-+Zacks+Tale+of+the+TapePosted on Tuesday, October 27th, 2009 | In Investing Lessons, Stocks to Watch
Contributed by: Zacks Market Commentaries (http://www.zacks.com/) -
Astec Industries Inc.’s (ASTE) MACD indicator has moved into bearish territory with a reading of -0.4105. The Zacks #5 Rank (“Strong Sell) stock has slipped more than 3% to $23.35 in afternoon trade. The Zacks Consensus Estimate on the company’s full-year earnings has reduced by 10 cents over the past week to $1.14 per share.
“ASTE” Free Stock Analysis: Buy? Sell? Hold?
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