Bearish MACD for FARO Technologies, Inc. – Tale of the Tape
Source: http://www.zacks.com/stock/news/89355/bearish-macd-for-faro-technologies-incPosted on Friday, December 28th, 2012 | In Stocks to Watch
Contributed by: Zacks Market Commentaries (http://www.zacks.com/) -
FARO TECH INC (FARO): Free Stock Analysis Report
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Zacks Investment Research
FARO Technologies, Inc.’s (FARO) MACD indicator has moved into bearish territory with a reading of –0.3480. The Zacks #5 Rank (“Strong Sell”) stock decreased more than 1.03% to $34.46 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending December 2012 has decreased by 36 cents over the past two months to $1.22 per share.
FARO TECH INC (FARO): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
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