SmartHeat Inc.’s (HEAT) MACD indicator has stepped into bearish territory with a reading of -0.0613. The Zacks #4 Rank (“Sell”) stock decreased slightly to $9.87 in afternoon trade. The last month has seen downward revisions by 2 out of 4 analysts, sending the Zacks Consensus Estimate for 2010 lower by 10 cents to a profit of 66 cents per share.
“HEAT” Free Stock Analysis: Buy? Sell? Hold?
Zacks Investment Research