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Simcere’s MACD Indicates Bearishness
Simcere Pharmaceutical Group’s (SCR - Snapshot Report) MACD indicator has moved into bearish territory with a reading of -0.0220. The Zacks #4 Rank (“Sell”) stock has declined slightly to $7.69 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 46 cents per share.
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| Market Summary | Nov 22, 2009 04:56 am ET |
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