Bearish MACD for Adecoagro SA – Tale of the Tape

Email

Adecoagro SA’s (AGRO) MACD indicator has moved into bearish territory with a reading of –0.0094. The Zacks #4 Rank (“Sell”) stock decreased more than 2.25% to $8.70 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending December 2012 has decreased by 7 cents over the past two months to 30 cents per share.

ADECOAGRO SA (AGRO): Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research

Join the conversation. Click here to jump to comments…

Leave a Reply

Your email address will not be published. Required fields are marked *

Some HTML is OK