Bearish MACD for MRH – Tale of the Tape (MRH)

Zacks

Montpelier Re Holdings Ltd.’s (MRH) MACD indicator has entered into bearish territory with a reading of -0.2635. The Zacks #5 Rank (“Strong Sell”) stock decreased more than 1% to $16.79 in morning trade. The Zacks Consensus Estimate for the year ending December 2011 has worsened by 29 cents over the past week to a loss of 69 cents per share.

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