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Bearish MACD for Synergy Pharmaceuticals Inc.

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Synergy Pharmaceuticals Inc.’s (SGYP - Free Report) MACD indicator has moved into bearish territory with a reading of –0.2917. The Zacks Rank #4 (“Sell”) stock decreased more than 0.59% to $5.02 in morning trade. The Zacks Consensus Estimate on the company’s loss for the year ending December 2013 has increased by 4 cents over the past month to a loss of 67 cents per share.


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