Abovenet Inc.’s (ABVT) MACD indicator has moved into bearish territory with a reading of –1.764. The Zacks #5 Rank (“Strong Sell”) stock declined nearly 2% to $53.83 in morning trade. The Zacks Consensus Estimate on the company’s earnings for 2010 has decreased by 31 cents over the past week to $2.53 per share.
“ABVT” Free Stock Analysis: Buy? Sell? Hold?
Zacks Investment Research