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Bearish MACD for Natural Gas Services

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March 11, 2011 | Comment(s): 0
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NGS
Natural Gas Services Group, Inc.’s (NGS - Snapshot Report) MACD indicator has moved into bearish territory with a reading of -0.3045. The Zacks #5 Rank (“Strong Sell”) stock slightly to $16.31 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending 2011 has decreased by 15 cents over the past month to 79 cents per share.

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