Bearish MACD for Synutra Intl

Synutra International, Inc.’s (SYUT) MACD indicator has entered into bearish territory with a reading of -0.0655. The Zacks #4 Rank (“Sell”) stock decreased slightly to $10.54 in morning trade. The Zacks Consensus Estimate for the year ending March 2011 has decreased by 32 cents over the past week to 24 cents per share.

SYNUTRA INTL (SYUT): Free Stock Analysis Report

About Zacks Investment Research 1766 Articles

Zacks Investment Research is one of the most highly regarded firms in the investment industry. In 1978 Zacks originated the concept of utilizing earnings estimates revisions to make profitable investment decisions. Zacks offers multiple investment products and services to help investors achieve superior returns.


Be the first to comment

Leave a Reply

Your email address will not be published.