Bearish MACD for Fifth Street Finance Corp.

Zacks

Fifth Street Finance Corp.’s (FSC) MACD indicator has moved into bearish territory with a reading of –0.0695. The Zacks #5 Rank (“Strong Sell”) stock decreased more than 1.26% to $10.22 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending September 2013 has decreased by 4 cents over the past month to $1.10 per share.

 

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