Bearish MACD for Orthofix International NV - Tale of the Tape

By Zacks Equity Research,

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Orthofix International NV 's ( OFIX ) MACD indicator has moved into bearish territory with a reading of -0.4204. The Zacks Rank # 4 ("Sell") stock decreased more than 0.87% to $36.50 in morning trade. The Zacks Consensus Estimate on the company's earnings for the year ending December 2012 has decreased by a cent over the past month to $3.04 per share.

ORTHOFIX INTL (OFIX): 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: OFIX

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