Bearish MACD for OM Group, Inc.
August 09, 2012 | Comments : 0
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August 09, 2012
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OM Group, Inc. ’s ( OMG - Snapshot Report ) MACD indicator has moved into bearish territory with a reading of –0.6603. The Zacks #5 Rank (“Strong Sell”) stock decreased more 1.96% to $22.50 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending December 2012 has decreased by 29 cents over the past two months to $2.38 per share.
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