Bearish MACD for Feihe International Inc.

Zacks

Feihe International Inc.’s (ADY) MACD indicator has moved into bearish territory with a reading of –0.1593. The Zacks #4 Rank (“Sell”) stock decreased more 1.62% to $6.07 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending December 2012 has decreased by 2 cents over the past month to $1.04 per share.

 

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