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Bearish MACD for Spartan Stores

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February 08, 2010 | Comment(s): 0
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SPTN

Spartan Stores Inc.’s (SPTN - Snapshot Report) MACD indicator has crossed over to bearish territory with a reading of -0.0296. The Zacks #5 Rank (“Strong Sell”) stock has declined slightly to $13.49 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending March 2010 has decreased by 16 cents over the past month to $1.23 per share.

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