Bearish MACD for Coherent, Inc. - Tale of the Tape

By Zacks.com,  November 01, 2012, 11:13:01 AM EDT

Coherent, Inc. 's ( COHR ) MACD indicator has moved into bearish territory with a reading of -0.5978. The Zacks #5 Rank ("Strong Sell") stock decreased more than 8.55% to $41.74 in morning trade. The Zacks Consensus Estimate on the company's earnings for the year ending September 2013 has decreased by 21 cents over the past two months to $3.50 per share.



COHERENT INC (COHR): Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research




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: COHR



Latest News Video

Analyst Moves: PHM, PG, GPS
Analyst Moves: PHM, PG, GPS        
Analyst Moves: CRM, CRUS, MRVL
Analyst Moves: CRM, CRUS, MRVL     
Mixed Reviews For Obama Drone Speech
Mixed Reviews For Obama Drone Speec...


Sign-in
Existing NASDAQ.com member? Log in here.

By signing into to the site using any of the third-party services above, you agree to NASDAQ.com's Terms of Use.

From Our Trusted News Source





Most Active by Volume:

Company Last Sale Change Net / %
BAC $ 13.2001 0.01  0.07%
FB $ 24.22 0.84  3.35%
SIRI $ 3.565 0.02  0.56%
GE $ 23.497 0.16  0.69%
PFE $ 28.955 0.16  0.53%
MSFT $ 34.083 0.07  0.20%
INTC $ 23.82 0.23  0.96%
P $ 16.50 0.66  3.85%