Schnitzer Steel Industries Inc.’s (SCHN) MACD indicator has entered into bearish territory with a reading of -0.0253. The Zacks #4 Rank (“Sell”) stock fell slightly to $47.47 in morning trade. The Zacks Consensus Estimate on the company’s full-year earnings is currently pegged at of $2.01 per share, which has decreased by 6 cents over the past month.
“SCHN” Free Stock Analysis: Buy? Sell? Hold?
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