Energy Conversion Devices Inc.’s(ENER) MACD indicator has crossed over to bearish territory with a reading of -0.0917. The Zacks #4 Rank (“Sell”) stock has declined slightly to $11.92 in afternoon trade. The Zacks Consensus Estimate on the company’s earnings for the year ending June 2010 has reduced by 88 cents over the past month and is currently pegged at a loss of 51 cents per share.
“ENER” Free Stock Analysis: Buy? Sell? Hold?
Zacks Investment Research