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Tale of the Tape  

Bearish MACD for L-1 Identity

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October 16, 2009 |Comments: 0
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ID

L-1 Identity Solutions Inc.’s (ID) MACD indicator has crossed over to bearish territory with a reading of -0.1609. The Zacks #4 Rank (“Sell”) stock fell more than 4% to $6.52 in morning trade. The Zacks Consensus Estimate on the company’s full-year earnings has reduced by 4 cents over the past 3 months to 5 cents per share.

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