Beacon Roofing Supply Inc.’s(BECN) MACD indicator has moved into bearish territory with a reading of -0.1405. The Zacks #5 Rank (“Strong Sell) stock declined slightly to $15.38 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the fiscal year ending Sept 2010 has reduced by a penny over the past month to $1.04 per share. Moreover, the most accurate estimate is even bearish at 94 cents per share.
“BECN” Free Stock Analysis: Buy? Sell? Hold?
Zacks Investment Research