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Tale of the Tape

Bearish MACD for ZHONGPIN INC.
May 02, 2012

 ZacksTrade Now

Bearish MACD for ZHONGPIN INC.’s 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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