Impax Laboratories Inc.’s (IPXL) MACD indicator has moved into bearish territory with a reading of –0.1630. The Zacks Rank #4 (“Sell”) stock decreased more than 1.05% to $19.79 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending December 2013 has decreased by 64 cents over the past two months to 83 cents per share.
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