Imation Corp.’s (IMN) MACD indicator has entered into bearish territory with a reading of -0.1997. The Zacks #5 Rank (“Strong Sell”) stock decreased more than 1% to $10.62 in morning trade. The Zacks Consensus Estimate on the company’s earnings for 2010 has reduced by 12 cents over the past month to 28 cents per share.
“IMN” Free Stock Analysis: Buy? Sell? Hold?
Zacks Investment Research