Globe Specialty Metals, Inc.’s (GSM) MACD indicator has moved into bearish territory with a reading of –1.8363. The Zacks #5 Rank (“Strong Sell”) stock decreased more than 1.07 % to $12.05 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending June 2012 has decreased by 6 cents over the past month to 82 cents per share.
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