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.

OM GROUP INC (OMG): Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research