Bearish MACD for Accuray Inc.

Zacks

Accuray Inc.’s (ARAY) MACD indicator has moved into bearish territory with a reading of –0.4092. The Zacks Rank #4 (“Sell”) stock decreased more than 0.29% to $5.12 in morning trade. The Zacks Consensus Estimate on the company’s loss for the year ending June 2013 has increased by 45 cents over the past month to a loss of 94 cents per share.

 

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