Bearish MACD for Cabot Microelectronics Corp.
Cabot Microelectronics Corp.’s (CCMP) MACD indicator has moved into bearish territory with a reading of –1.1719. The Zacks #5 Rank (“Strong Sell”) stock decreased more than 0.03% to $33.28 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending September 2012 has decreased by 29 cents over the past month to $2.02 per share.
CABOT MICROELECTRONICS CP (CCMP): Free Stock Analysis Report
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