Bearish MACD for TransGlobe Energy Corp. - Tale of the Tape

TransGlobe Energy Corp. 's ( TGA ) MACD indicator has moved into bearish territory with a reading of -0.3528. The Zacks #5 Rank ("Strong Sell") stock decreased more than 4.23% to $8.60 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 $1.14 per share.

TRANSGLOBE ENGY (TGA): 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.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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