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Bearish MACD for Steris Corp

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December 14, 2011 | Comment(s): 0
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STE

Steris Corporation’s (STE - Snapshot Report) MACD indicator has entered into bearish territory with a reading of -0.0577. The Zacks #5 Rank (“Strong Sell”) stock decreased slightly to $28.40 in morning trade. The Zacks Consensus Estimate for the company’s earnings for the year ending March 2012 has decreased by 7 cents over the past two months to $2.25 per share.

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