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Bullish MACD for Parker Drilling

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October 19, 2011 | Comment(s): 0
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PKD
Parker Drilling Company’s (PKD - Snapshot Report) MACD indicator has entered into bullish territory with a reading of 0.0609. The Zacks #1 Rank (“Strong Buy”) stock increased more than 1% to $5.48 in morning trade. The Zacks Consensus Estimate for the year ending December 2011 has increased by 14 cents over the past three months to 46 cents per share.

 

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