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Bearish MACD for CoStar Group

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December 16, 2009 | Comment(s): 0
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CSGP

CoStar Group Inc.’s (CSGP - Snapshot Report) MACD indicator has entered into bearish territory with a reading of -0.1437. The Zacks #4 Rank (“Sell”) stock fell slightly to $39.89 in morning trade. The Zacks Consensus Estimate on the company’s full-year earnings has reduced by 4 cents over the past 2 months to 93 cents per share.

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