Matthews International Corp.’s (MATW) MACD indicator has moved into bearish territory with a reading of -0.0030. The Zacks #5 Rank (“Strong Sell”) stock declined slightly to $35.69 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending Sept 2010 has reduced by 15 cents over the past 2 months to $2.23 per share.
“MATW” Free Stock Analysis: Buy? Sell? Hold?
Zacks Investment Research
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