Parker Drilling Co.’s (PKD) MACD indicator has entered into bearish territory with a reading of –0.0573. The Zacks #4 Rank (“Sell”) stock slipped more than 2% to $4.84 in morning trade. The Zacks Consensus Estimate on the company’s earnings for 2010 has moved down by 4 cents over the past month to 17 cents per share.
“PKD” Free Stock Analysis: Buy? Sell? Hold?
Zacks Investment Research