Bearish MACD for Merit Medical Systems, Inc.

Zacks

Merit Medical Systems, Inc.’s (MMSI) MACD indicator has moved into bearish territory with a reading of –0.4216. The Zacks Rank # 5 (“Strong Sell”) stock decreased more than 0.69% to $12.37 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending December 2013 has decreased by 26 cents over the past month to 89 cents per share.

 

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