China Medical Technologies Inc.’s(CMED) MACD indicator has moved into bearish territory with a reading of -0.5076. The Zacks #5 Rank (“Strong Sell”) stock declined nearly 1% to $12.47 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the fiscal year ending March 2010 has reduced by 65 cents over the past month to $1.57 per share.
“CMED” Free Stock Analysis: Buy? Sell? Hold?
Zacks Investment Research