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Tale of the Tape

Bearish MACD for Merit Medical Systems, Inc.
February 27, 2013

MMSI

 ZacksTrade Now

Merit Medical Systems, Inc.’s (MMSI - Snapshot Report) MACD indicator has moved into bearish territory with a reading of –0.4423. The Zacks Rank # 5 (“Strong Sell”) stock decreased more than 0.67% to $11.91 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending December 2013 has decreased by 26 cents over the past week to 63 cents per share.

 

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