Bullish MACD for Multimedia Games – Tale of the Tape (MGAM)

Multimedia Games, Inc.’s (MGAM) MACD indicator has entered into bullish territory with a reading of 0.0942. The Zacks #2 Rank (“Buy”) stock increased slightly to $5.30 in morning trade. The Zacks Consensus Estimate for the year ended September 2011 has increased by a penny over the past two months to 10 cents per share.