Bearish MACD for Layne Christensen Company - Tale of the Tape

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Layne Christensen Company 's ( LAYN ) MACD indicator has moved into bearish territory with a reading of -0.4976. The Zacks #5 Rank ("Strong Sell") stock decreased more 4.84% to $18.08 in morning trade. The Zacks Consensus Estimate on the company's earnings for the year ending January 2013 has decreased by 6 cents over the past week to $1.41 per share.

 


 
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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

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