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Bearish MACD for QLT Inc

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May 19, 2011 | Comment(s): 0
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QLTI
QLT Inc.’s (QLTI - Snapshot Report) MACD indicator has entered into bearish territory with a reading of -0.0180. The Zacks #4 Rank (“Sell”) stock decreased slightly to $7.41 in morning trade. The Zacks Consensus Estimate for the year ending 2011 has worsened by a penny over the past month to a loss of 40 cents per share.

 

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