Bearish MACD for AVG Technologies NV – Tale of the Tape (AVG)

Zacks

AVG Technologies NV’s (AVG) MACD indicator has moved into bearish territory with a reading of –0.3660. The Zacks #5 Rank (“Strong Sell”) stock decreased more than 0.32 % to $12.63 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending December 2012 has decreased by 9 cents over the past two months to 87 cents per share.

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