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Bearish MACD for ETM

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March 11, 2011 | Comment(s): 0
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ETM
Entercom Communications Corp.’s (ETM - Snapshot Report) MACD indicator has moved into bearish territory with a reading of -0.0560. The Zacks #5 Rank (“Strong Sell”) stock decreased more than 3% to $10.49 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending 2011 has decreased by 6 cents over the past month to $1.18 per share.

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