Bearish MACD for Agilysys (AGYS)

Agilysys (AGYS) MACD indicator has entered into bearish territory with a reading of -0.0085. The Zacks #5 Rank (“Strong Sell”) stock declined more than 2% to $7.28 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending March 2011 has decreased 18 cents over the past [...]