Bearish MACD for SANM – Tale of the Tape (SANM)

Zacks Sanmina-SCI Corporation’s (SANM) MACD indicator has moved into bearish territory with a reading of -0.0371. The Zacks #5 Rank (“Strong Sell”) stock decreased more than 2% to $10.93 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending September 2011 has decreased by 9 cents over the past month to $1.34 per share.

SANMINA-SCI CP (SANM): Free Stock Analysis Report

Zacks Investment Research

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