Bearish MACD for Informatica Corp.

Zacks

Informatica Corp. ’s (INFA) MACD indicator has moved into bearish territory with a reading of –1.9553. The Zacks #5 Rank (“Strong Sell”) stock decreased more than 0.68% to $27.56 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending December 2012 has decreased by 15 cents over the past month to $1.05 per share.

 

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