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Tale of the Tape

Bearish MACD for Adecoagro SA
December 05, 2012


Trades from $3

Adecoagro SA’s (AGRO - Snapshot Report) MACD indicator has moved into bearish territory with a reading of –0.0597. The Zacks #4 Rank (“Sell”) stock decreased more than 0.66% to $9.08 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending December 2012 has decreased by 3 cents over the past two months to 43 cents per share.