Cogo Group Inc.’s(COGO) MACD indicator has crossed over to bearish territory with a reading of -0.0396. The Zacks #4 Rank (“Sell”) stock has declined slightly to $5.90 in afternoon trade. The Zacks Consensus Estimate on the company’s full-year earnings has reduced by 3 cents over the past month to 44 cents per share. The most accurate estimate is even bearish at 43 cents per share.
“COGO” Free Stock Analysis: Buy? Sell? Hold?
Zacks Investment Research