KIT digital Inc.’s (KITD) MACD indicator has moved into bearish territory with a reading of -0.1688. The Zacks #4 Rank (“Sell”) stock declined more than 1% to $10.00 in afternoon trade. The Zacks Consensus Estimate on the company’s earnings for 2010 has reduced by 6 cents over the past week to 30 cents per share.
“KITD” Free Stock Analysis: Buy? Sell? Hold?
Zacks Investment Research