Global Crossing Ltd.’s (GLBC) MACD indicator has moved into bearish territory with a reading of -0.4034. The Zacks #4 Rank (“Sell”) stock slipped more than 1% to $12.99 in afternoon trade. The Zacks Consensus Estimate on the company’s full-year earnings has worsened by 15 cents over the past week and is currently pegged at a loss of $2.18 per share.
“GLBC” Free Stock Analysis: Buy? Sell? Hold?
Zacks Investment Research