Surmodics Inc.’s(SRDX) MACD indicator has moved into bearish territory with a reading of -0.1394. The Zacks #4 Rank (“Sell”) stock has declined more than 2% to $21.60 in afternoon trade. The Zacks Consensus Estimate has reduced by 4 cents over the past month to 81 cents per share for the fiscal year ending Sept 2009.
“SRDX” Free Stock Analysis: Buy? Sell? Hold?
Zacks Investment Research