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Bearish MACD for Simpson Manufacturing

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February 24, 2011 | Comment(s): 0
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SSD
Simpson Manufacturing Co, Inc.’s (SSD - Snapshot Report) MACD indicator has moved into bearish territory with a reading of -0.2101. The Zacks #5 Rank (“Strong Sell”) stock decreased slightly to $28.21 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending 2011 has decreased by 12 cents over the past month to $1.16 per share.

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