Bullish MACD for Tennant – Tale of the Tape (TNC)

Tennant Company’s (TNC) MACD indicator has entered into bullish territory with a reading of 0.8518. The Zacks #1 Rank (“Strong Buy”) stock increased more than 1% to $44.52 in morning trade. The Zacks Consensus Estimate for the year ending December 2011 has increased by 19 cents over the past two months to $2.00 per share.