Merit Medical Systems, Inc.’s (MMSI) MACD indicator has entered into bearish territory with a reading of -0.4872. The Zacks #5 Rank (“Strong Sell”) stock declined more than 2% to $14.86 in morning trade. The Zacks Consensus Estimate on the company’s earnings for 2010 is currently pegged at 79 cents per share, which reduced by 8 cents over the past month.
“MMSI” Free Stock Analysis: Buy? Sell? Hold?
Zacks Investment Research