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Teekay Tankers MACD Indicates Bearishness – Zacks Tale of the Tape

Source: http://www.zacks.com/stock/news/21161/Teekay+Tankers+MACD+Indicates+Bearishness+-+Zacks+Tale+of+the+Tape
 Posted on Wednesday, June 17th, 2009 | In Market Commentary, Stocks to Watch
Contributed by: Zacks Market Commentaries (http://www.zacks.com/) -

Teekay Tankers Ltd.’s (TNK) MACD indicator has entered into bearish territory with a reading of -0.1525. The Zacks #5 Rank (”Strong Sell”) stock has declined more than 3% in morning trade to $10.56. The consensus estimate on the company’s full-year earnings has moved down by 5 cents over the past month to $1.21 per share.

“TNK” Free Stock Analysis: Buy? Sell? Hold?
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