Bearish MACD for Perfect World Co., Ltd. (ADR)

Zacks

Perfect World Co., Ltd. (:ADR)’s (PWRD) MACD indicator has moved into bearish territory with a reading of –0.0200. The Zacks #5 Rank (“Strong Sell”) stock decreased more 1.22% to $10.55 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending December 2012 has decreased by 2 cents over the past month to $1.90 per share.

 

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