Commscope Inc.’s(CTV) MACD indicator has crossed over to bearish territory with a reading of -0.0942. The Zacks #5 Rank (“Strong Sell”) stock has declined slightly to $24.07 in morning trade. Analysts have been reducing their estimates on the company’s full-year earnings, with the consensus down 18 cents over the past 2 months to $2.01 per share.
“CTV” Free Stock Analysis: Buy? Sell? Hold?
Zacks Investment Research