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Bearish MACD for Houston Wire & Cable

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November 16, 2011 | Comment(s): 0
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HWCC

Houston Wire & Cable Company’s (HWCC - Snapshot Report) MACD indicator has moved into bearish territory with a reading of -0.0174. The Zacks #4 Rank (“Sell”) stock decreased slightly to $11.96 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending December 2011 has decreased by 5 cents over the past month to $1.18 per share.

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