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

Zacks

Adecoagro SA’s (AGRO) MACD indicator has moved into bearish territory with a reading of -0.1361. The Zacks #4 Rank (“Sell”) stock decreased slightly to $11.25 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending December 2011 has decreased by 4 cents over the past month to 24 cents per share.

Zacks Investment Research

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