Bearish MACD for Steris Corp – Tale of the Tape (STE)

Zacks

Steris Corporation’s (STE) MACD indicator has entered into bearish territory with a reading of -0.0577. The Zacks #5 Rank (“Strong Sell”) stock decreased slightly to $28.40 in morning trade. The Zacks Consensus Estimate for the company’s earnings for the year ending March 2012 has decreased by 7 cents over the past two months to $2.25 per share.

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