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Worthington’s MACD Signals Bearishness

July 29, 2009 | Comments: 0
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Worthington Industries Inc.’s (WOR - Snapshot Report) MACD indicator has moved into bearish territory with a reading of -0.0691. The Zacks #4 Rank (“Sell”) stock has declined more than 5% to $12.12 in afternoon trade. The Zacks Consensus Estimate on the company’s fiscal 2010 earnings has decreased by 10 cents over the past month to 39 cents per share.

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Market Summary Nov 22, 2009 20:34 pm ET
DJIA 10318.16  -14.28 -0.14%
NASD 2146.04  -10.78 -0.50%
S&P 500 1091.38  -3.52 -0.32%
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