Houston Wire & Cable Co.’s(HWCC) MACD indicator has crossed over to bearish territory with a reading of -0.1003. The Zacks #4 Rank (“Sell”) stock has declined more than 1% to $10.72 in afternoon trade. Analysts have been reducing their estimates on the company’s full-year earnings, with the consensus down by 2 cents over the past week to 48 cents per share.
“HWCC” Free Stock Analysis: Buy? Sell? Hold?
Zacks Investment Research