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Bearish MACD for NAT

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April 11, 2011 | Comment(s): 0
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NAT
Nordic American Tanker Shipping Limited’s (NAT - Snapshot Report) MACD indicator has moved into bearish territory with a reading of -0.1603. The Zacks #5 Rank (“Strong Sell”) stock decreased slightly to $24.22 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending 2011 has decreased by 60 cents over the past two months to 43 cents per share.

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