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zacks

Bearish MACD for OM Group

  • On 1:36 pm EDT, Tuesday October 20, 2009

OM Group Inc.’s (NYSE: OMG - News) MACD indicator has moved into bearish territory with a reading of -0.1426. The Zacks #5 Rank (“Strong Sell) stock has slipped nearly 1% to $28.75 in afternoon trade. The Zacks Consensus Estimate on the company’s full-year earnings has declined by 7 cents over the past month to 53 cents per share.

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