New Oriental Education & Technology Group Inc.’s (EDU) MACD indicator has moved into bearish territory with a reading of -0.0813. The Zacks #4 Rank (“Sell”) stock has declined slightly to $74.40 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending May 2010 has slipped by 8 cents over the past month to $2.03 per share.
“EDU” Free Stock Analysis: Buy? Sell? Hold?
Zacks Investment Research