Cardionet Inc.’s (BEAT) MACD indicator has moved into bearish territory with a reading of -0.0509. The Zacks #4 Rank (“Sell”) stock declined slightly to $5.68 in morning trade. The Zacks Consensus Estimate on the company’s earnings for 2010 has worsened by a penny over the past month to a loss of 34 cents per share.
“BEAT” Free Stock Analysis: Buy? Sell? Hold?
Zacks Investment Research