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Bearish MACD for Simpson Manufacturing

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February 11, 2011 | Comment(s): 0
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SSD
Simpson Manufacturing Co, Inc.’s (SSD - Snapshot Report) MACD indicator has entered into bearish territory with a reading of -0.2383. The Zacks #5 Rank (“Strong Sell”) stock decreased slightly to $29.26 in morning trade. The Zacks Consensus Estimate for the year ending December 2011 has decreased by 11 cents over the past week to $1.18 cents per share.

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