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Worthington’s MACD Signals Bearishness

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July 29, 2009 | Comment(s): 0
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WOR

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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