Commercial Metals Co.’s (CMC) MACD indicator has moved into bearish territory with a reading of -0.1371. The Zacks #5 Rank (“Strong Sell”) stock fell slightly to $15.86 in morning trade. The Zacks Consensus Estimate for the year ending Aug 2010 is currently pegged at a loss of 8 cents per share, which has reduced by 85 cents over the past month.
“CMC” Free Stock Analysis: Buy? Sell? Hold?
Zacks Investment Research