Although Macquarie Infrastructure Company LLC MIC is up over 4.6% in the past four weeks, investors may be concerned. After all, MIC is now in overbought territory, at least when looking at its RSI value of 75.6. If that wasn't enough, investors should also note that Macquarie Infrastructure possesses a Zacks Rank #4 (Sell), so if analyst perception is any guide, we could witness a slump in MIC shares before too long.
MACQUARIE INFRA MIC: Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in
