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Bearish MACD for OM Group, Inc. - Tale of the Tape

By: Zacks.com
Posted: 8/9/2012 11:16:00 AM
Referenced Stocks: OMG

OM Group, Inc. 's ( OMG ) MACD indicator has moved into bearish territory with a reading of -0.6603. The Zacks #5 Rank ("Strong Sell") stock decreased more 1.96% to $22.50 in morning trade. The Zacks Consensus Estimate on the company's earnings for the year ending December 2012 has decreased by 29 cents over the past two months to $2.38 per share.

 


 
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