Homex Development Corp.’s (HMX) MACD indicator has moved into bearish territory with a reading of -0.0164. The Zacks #5 Rank (“Strong Sell”) stock fell nearly 1% to $27.78 in morning trade. The Zacks Consensus Estimate for 2010 declined 42 cents over the past 2 months to $2.71 per share.
“HXM” Free Stock Analysis: Buy? Sell? Hold?
Zacks Investment Research