AirMedia Group Inc.’s(AMCN) MACD indicator has moved into bearish territory with a reading of -0.6333. The Zacks #5 Rank (“Strong Sell”) stock fell more than 3% to $7.09 in morning trade. The Zacks Consensus Estimate is currently pegged at a loss of 38 cents per share, which has worsened by 6 cents over the past week.
“AMCN” Free Stock Analysis: Buy? Sell? Hold?
Zacks Investment Research