Bearish MACD for Shore Bancshares
Shore Bancshares, Inc.’s (SHBI) MACD indicator has moved into bearish territory with a reading of -0.1063. The Zacks #5 Rank (“Strong Sell) stock fell slightly to $12.19 in morning trade. The Zacks Consensus Estimate on the company’s earnings for 2010 has dropped 67 cents over the past two months to 11 cents per share.
Read the full analyst report on SHBI

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