Bearish MACD for Logitech International SA – Tale of the Tape (LOGI)

Zacks Logitech International SA’s (LOGI) MACD indicator has entered into bearish territory with a reading of -0.0113. The Zacks #5 Rank (“Strong Sell”) stock decreased 5.41% to $9.10 in morning trade. The Zacks Consensus Estimate for the year ending March 2012 has decreased by 37 cents over the past month to 50 cents per share.

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