Bearish MACD for L-1 Identity – Zacks Tale of the Tape
Source: http://www.zacks.com/stock/news/26045/Bearish+MACD+for+L-1+Identity+-+Zacks+Tale+of+the+TapePosted on Friday, October 16th, 2009 | In Investing Lessons, Stocks to Watch
Contributed by: Zacks Market Commentaries (http://www.zacks.com/) -
L-1 Identity Solutions Inc.’s (ID) MACD indicator has crossed over to bearish territory with a reading of -0.1609. The Zacks #4 Rank (“Sell”) stock fell more than 4% to $6.52 in morning trade. The Zacks Consensus Estimate on the company’s full-year earnings has reduced by 4 cents over the past 3 months to 5 cents per share.
“ID” Free Stock Analysis: Buy? Sell? Hold?
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