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Snap-on’s MACD Indicates Bearishness

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June 18, 2009 |Comments: 0
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SNA

Snap-on Inc.’s (SNA) MACD indicator has moved into bearish territory with a reading of -0.0948. The Zacks #4 Rank (“Sell”) stock has declined slightly in afternoon trade to $30.07. Analysts have been reducing their estimates on the company’s full-year earnings, with the consensus down 11 cents over the past month to $3.02 per share.

Read the full analyst report on SNA

 
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