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Tale of the Tape

Bearish MACD for Adecoagro SA
January 11, 2013

AGRO

Trades from $3

Adecoagro SA’s (AGRO - Free 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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