Bearish MACD for Meadowbrook Insurance

Meadowbrook Insurance Group, Inc.’s (NYSE:MIG - News) MACD indicator has entered into bearish territory with a reading of -0.2389. The Zacks #5 Rank (“Strong Sell”) stock decreased more than 1% to $9.93 in morning trade. The Zacks Consensus Estimate for the year ending December 2011 has decreased by 8 cents over the past month to 79 cents per share.

MEADOWBROOK INS GROUP INC (MIG): Free Stock Analysis Report

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