Gerdau Ameristeel Corp.’s (GNA) MACD indicator has moved into bearish territory with a reading of -0.0549. The Zacks #4 Rank (“Sell”) stock declined slightly to $7.61 in morning trade. The Zacks Consensus Estimate on the company’s earnings for 2010 has dipped by a penny over the past month to 37 cents per share.
“GNA” Free Stock Analysis: Buy? Sell? Hold?
Zacks Investment Research
Uncategorized