Bearish MACD for Chemtura Corp.

Zacks

Chemtura Corp.’s (CHMT) MACD indicator has moved into bearish territory with a reading of –0.2337. The Zacks Rank # 5 (“Strong Sell”) stock decreased more than 0.14% to $22.17 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending December 2013 has decreased by 21 cents over the past month to $1.60 per share.

 

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