FirstMerit Corp.’s(FMER) MACD indicator has moved into bearish territory with a reading of -0.1359. The Zacks #4 Rank (“Sell”) stock has declined more than 1% to $17.37 in afternoon trade. The Zacks Consensus Estimate on the company’s full-year earnings has reduced by 11 cents over the past 2 months to $1.00 per share.
“FMER” Free Stock Analysis: Buy? Sell? Hold?
Zacks Investment Research