Bearish MACD for Prestige Brands
Prestige Brands Holdings, Inc.’s (PBH - Snapshot Report) MACD indicator has entered into bearish territory with a reading of -0.4280. The Zacks #5 Rank (“Strong Sell) stock declined more than 1% to $7.40 in afternoon trade. The Zacks Consensus Estimate on the company’s earnings for the year ending March 2011 is currently pegged at 78 cents per share, which reduced by 7 cents over the past week.
Read the full analyst report on PBH

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