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Bearish MACD for Commscope

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July 13, 2009 |Comments: 0
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CTV

Commscope Inc.’s (CTV) MACD indicator has crossed over to bearish territory with a reading of -0.0942. The Zacks #5 Rank (“Strong Sell”) stock has declined slightly to $24.07 in morning trade. Analysts have been reducing their estimates on the company’s full-year earnings, with the consensus down 18 cents over the past 2 months to $2.01 per share.

Read the full analyst report on CTV

 
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