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zacks

Bearish MACD for Beacon Roofing

  • On 11:33 am EDT, Friday October 23, 2009

Beacon Roofing Supply Inc.’s (NasdaqGS: BECN - News) MACD indicator has moved into bearish territory with a reading of -0.1405. The Zacks #5 Rank (“Strong Sell) stock declined slightly to $15.38 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the fiscal year ending Sept 2010 has reduced by a penny over the past month to $1.04 per share. Moreover, the most accurate estimate is even bearish at 94 cents per share.

BEACON ROOFING SUPPLY INC (BECN): Free Stock Analysis Report

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