Stone Energy Corporation‘s (SGY) MACD indicator has entered into bullish territory with a reading of 0.2370. The Zacks #1 Rank (“Strong Buy”) stock increased more than 7% to $28.35 in morning trade. The Zacks Consensus Estimate for the year ended December 2011 has increased by 6 cents over the past month to $3.89 per share.
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Zacks Investment Research
