Bearish MACD for Capstead Mortgage Corp. – Tale of the Tape (CMO)

Zacks

Capstead Mortgage Corp.’s (CMO) MACD indicator has moved into bearish territory with a reading of –0.0893. The Zacks #5 Rank (“Strong Sell”) stock decreased more 1.64% to $11.39 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending December 2012 has decreased by 3 cents over the past two months to $1.53 per share.

CAPSTEAD MTG (CMO): Free Stock Analysis Report

To read this article on Zacks.com click here.

Get all Zacks Research Reports and be alerted to fast-breaking buy and sell opportunities every trading day.

Be the first to comment

Leave a Reply