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Bearish MACD for Orthofix International NV

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Orthofix International NV’s (OFIX - Free Report) MACD indicator has moved into bearish territory with a reading of –0.4204. The Zacks Rank # 4 (“Sell”) stock decreased more than 0.87% to $36.50 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending December 2012 has decreased by a cent over the past month to $3.04 per share.


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