Bearish MACD for Laredo Petroleum Holdings Inc. - Tale of the Tape

By Zacks.com June 19, 2012, 10:52:43 AM EDT

Laredo Petroleum Holdings Inc. 's ( LPI ) MACD indicator has moved into bearish territory with a reading of -0.9359. The Zacks #5 Rank ("Strong Sell") stock decreased more than 0.53% to $18.69 in morning trade. The Zacks Consensus Estimate on the company's earnings for the year ending December 2012 has decreased by 2 cents over the past month to $1.07 per share.

 


 
LAREDO PETROLM (LPI): 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: LPI



Latest News Video






Most Active by Volume:

Company Last Sale Change Net / %
PFE $ 29.40 0.24  0.82%
NOK $ 3.86 0.17  4.61%
S $ 7.32 0.10  1.39%
BAC $ 13.27 0.06  0.45%
GE $ 24.33 0.56  2.36%
MU $ 13.76 0.52  3.93%
SIRI $ 3.40 0.06  1.80%
MNKD $ 6.605 0.94  12.40%