Laredo Petroleum Holdings Inc.‘s (LPI) MACD indicator has moved into bearish territory with a reading of -0.9359. The Zacks #5 Rank (“Strong Sell”) stock decreased more than 0.53% to $18.69 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending December 2012 has decreased by 2 cents over the past month to $1.07 per share.

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