Bearish MACD for Emergent BioSolutions
February 17, 2012 | Comments : 0
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February 17, 2012
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Emergent BioSolutions Inc.’s ( EBS - Snapshot Report ) MACD indicator has entered into bearish territory with a reading of -0.0497. The Zacks #5 Rank (“Strong Sell”) stock decreased more than 1% to $16.78 in morning trade. The Zacks Consensus Estimate for the year ended December 2011 has decreased by a cent over the past two months to 57 cents per share.
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