Bearish MACD for Adecoagro SA
January 11, 2013 | Comments : 0
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January 11, 2013
Adecoagro SA’s ( AGRO - Snapshot Report ) MACD indicator has moved into bearish territory with a reading of –0.0094. The Zacks #4 Rank (“Sell”) stock decreased more than 2.25% to $8.70 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending December 2012 has decreased by 7 cents over the past two months to 30 cents per share.
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