TransGlobe Energy Corp.’s (TGA) MACD indicator has moved into bearish territory with a reading of –0.3528. The Zacks #5 Rank (“Strong Sell”) stock decreased more than 4.23% to $8.60 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 $1.14 per share.
More From Zacks.com
- Investment & Company Information