Bearish MACD for Otter Tail Corp – Tale of the Tape (OTTR)

Zacks Otter Tail Corporation ’s (OTTR) MACD indicator has moved into bearish territory with a reading of -0.0732. The Zacks #5 Rank (“Strong Sell”) stock decreased more than 1% to $20.68 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending December 2011 has decreased by 47 cents over the past two months to 90 cents per share.

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