Bearish MACD for Capstead Mortgage Corp.
December 27, 2012 | Comments : 0
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December 27, 2012
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Capstead Mortgage Corp.’s ( CMO - Snapshot Report ) MACD indicator has moved into bearish territory with a reading of –0.0893. The Zacks #5 Rank (“Strong Sell”) stock decreased more 1.64% to $11.39 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 $1.53 per share.
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