Bearish MACD for Cabot Microelectronics Corp. - Tale of the Tape

By Zacks.com,  May 16, 2012, 11:07:41 AM EDT

Cabot Microelectronics Corp. 's ( CCMP ) MACD indicator has moved into bearish territory with a reading of -1.1719. The Zacks #5 Rank ("Strong Sell") stock decreased more than 0.03% to $33.28 in morning trade. The Zacks Consensus Estimate on the company's earnings for the year ending September 2012 has decreased by 29 cents over the past month to $2.02 per share.

 


 
CABOT MICROELEC (CCMP): Free Stock Analysis Report
 
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Investing Ideas, Stocks

Referenced Stocks: CCMP



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