Capstead Mortgage Corp.’s (CMO) MACD indicator has entered into bearish territory with a reading of –0.0020. The Zacks #4 Rank (“Sell”) stock slipped more than 1.5% to $11.97 in morning trade. The Zacks Consensus Estimate on the company’s earnings for 2010 has declined by 8 cents over the past month to $2.03 per share.
“CMO” Free Stock Analysis: Buy? Sell? Hold?
Zacks Investment Research