Bearish MACD for Kendle (KNDL)

Kendle International Inc.’s (KNDL) MACD indicator has moved into bearish territory with a reading of -0.0263. The Zacks #4 Rank (“Sell”) stock declined more than 2% to $12.29 in afternoon trade. The Zacks Consensus Estimate on the company’s earnings for 2010 moved down 5 cents over the past month to 53 cents per share.

KENDLE INTL INC (KNDL): Free Stock Analysis Report

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