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

By Zacks Equity Research,

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Endologix, Inc. 's ( ELGX ) MACD indicator has moved into bearish territory with a reading of -0.3027. The Zacks Rank #4 ("Sell") stock decreased more than 0.40% to $14.79 in morning trade. The Zacks Consensus Estimate on the company's loss for the year ending December 2013 has increased by 12 cents over the past two months to a loss of 14 cents per share.

ENDOLOGIX INC (ELGX): 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 Nasdaq, Inc.

This article appears in: Investing , Investing Ideas , Stocks
Referenced Stocks: ELGX

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