Bearish MACD for Globus Medical Inc. - Tale of the Tape

By Zacks Equity Research,

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Globus Medical Inc. 's ( GMED ) MACD indicator has moved into bearish territory with a reading of -0.8587. The Zacks #5 Rank ("Strong Sell") stock decreased more than 0.19% to $10.70 in morning trade. The Zacks Consensus Estimate on the company's earnings for the year ending December 2012 has decreased by 3 cents over the past two months to 78 cents per share.

GLOBUS MEDICAL (GMED): 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: GMED

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