Bearish MACD for Bridgepoint Education Inc.

Zacks

Bridgepoint Education Inc.’s (BPI) MACD indicator has moved into bearish territory with a reading of –0.2625. The Zacks #4 Rank (“Sell”) stock decreased more than 0.64% to $9.25 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending December 2012 has decreased by 20 cents over the past month to $2.40 per share.

 

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