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Tale of the Tape

Bearish MACD for OM Group, Inc.
August 09, 2012

OMG

 ZacksTrade Now

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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