MERU (MM)

Meru Networks, Inc.’s (MERU) MACD indicator has moved into bearish territory with a reading of -0.2611. The Zacks #5 Rank (“Strong Sell”) stock decreased more than 2% to $20.18 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending 2011 has worsened by 21 cents over the two months to a loss of 19 cents per share.
 
MERU NETWORKS (MERU): Free Stock Analysis Report
 
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