Bearish MACD for Global Power Equipment Group Inc.

Siddhartha Pahari

Global Power Equipment Group Inc.’s (GLPW) MACD indicator has moved into bearish territory with a reading of –0.2206. The Zacks #5 Rank (“Strong Sell”) stock decreased more 0.70% to $19.84 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending December 2012 has decreased by 9 cents over the past month to 92 cents per share.

 

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