Nordic American Tanker Shipping Limited’s (NAT) MACD indicator has moved into bearish territory with a reading of -0.1603. The Zacks #5 Rank (“Strong Sell”) stock decreased slightly to $24.22 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending 2011 has decreased by 60 cents over the past two months to 43 cents per share.
 
NORDIC AMERICAN (NAT): Free Stock Analysis Report
 
Zacks Investment Research