Bullish MACD for VAALCO – Tale of the Tape (EGY)

VAALCO Energy, Inc. ’s (EGY) MACD indicator has entered into bullish territory with a reading of 0.0303. The Zacks #1 Rank (“Strong Buy”) stock increased more than 4% to $6.81 in morning trade. The Zacks Consensus Estimate for the year ending December 2011 has increased by 5 cents over the past week to 91 cents per share.