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Bearish MACD for McDermott International

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November 01, 2011 | Comment(s): 0
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MDR
McDermott International’s (MDR - Analyst Report) MACD indicator has entered into bearish territory with a reading of -0.4692. The Zacks #5 Rank (“Strong Sell”) stock decreased slightly to $10.82 in morning trade. The Zacks Consensus Estimate for the year ending December 2011 has decreased by 18 cents over the past week to 98 cents per share.

 

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