Bearish MACD for ZHONGPIN INC.
May 02, 2012 | Comments : 0
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May 02, 2012
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Bearish MACD for ZHONGPIN INC.’s ( HOGS - Snapshot Report ) MACD indicator has moved into bearish territory with a reading of –0.1134. The Zacks #5 Rank (“Strong Sell”) stock decreased more than 0.61% to $9.72 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending December 2012 has decreased by 75 cents over the past two months to $1.55 per share.
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