Bearish MACD for Scotts Miracle-Gro Co.
June 15, 2012 | Comments : 0
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June 15, 2012
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Scotts Miracle-Gro Co.’s ( SMG - Snapshot Report ) MACD indicator has moved into bearish territory with a reading of –1.9760. The Zacks #5 Rank (“Strong Sell”) stock decreased more than 0.73 % to $39.31 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending September 2012 has decreased by 32 cents over the past week to $2.48 per share.
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