Bearish MACD for GenCorp

Zacks

GenCorp Inc.’s (NYSE:GY - News) MACD indicator has entered into bearish territory with a reading of -0.1371. The Zacks #5 Rank (“Strong Sell) stock decreased slightly to $5.66 in morning trade. The Zacks Consensus Estimate for the year ending November 2011 has decreased by 15 cents over the past month to 15 cents per share.

 

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