Magnum Hunter Resources Corp‘s (MHR) MACD indicator has entered into bearish territory with a reading of -0.2163. The Zacks #5 Rank (“Strong Sell”) stock decreased slightly to $5.88 in morning trade. The Zacks Consensus Estimate for the year ended 2012 has worsened by 7 cents over the past month to a loss of 13 cents per share.
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Zacks Investment Research
