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Bearish MACD for Synergetics

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June 16, 2011 | Comment(s): 0
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SURG
Synergetics USA Inc. ’s (SURG - Snapshot Report) MACD indicator has moved into bearish territory with a reading of -0.0290. The Zacks #4 Rank (“Sell”) stock decreased slightly to $5.41 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending July 2011 has decreased by a cent over the past week to 22 cents per share.

 

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