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Bearish MACD for QLT Inc

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October 13, 2011 | Comment(s): 0
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QLTI
QLT Inc. (USA)’s (QLTI - Snapshot Report) MACD indicator has entered into bearish territory with a reading of -0.0300. The Zacks #4 Rank (“Sell”) stock decreased slightly to $6.86 in morning trade. The Zacks Consensus Estimate for the year ending December 2011 has worsened by 4 cents over the past two months to a loss of 60 cents per share.

 

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