Bearish MACD for Perfect World Co., Ltd.

Zacks

Perfect World Co., Ltd.’s (PWRD) MACD indicator has moved into bearish territory with a reading of –0.0935. The Zacks #5 Rank (“Strong Sell”) stock decreased more than 0.29% to $10.39 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending December 2012 has decreased by 34 cents over the past two months to $2.18 per share.

 

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