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Bearish MACD for Scholastic Corp

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March 31, 2011 | Comment(s): 0
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SCHL
Scholastic Corporation’s (SCHL - Snapshot Report) MACD indicator has moved into bearish territory with a reading of -0.8828. The Zacks #5 Rank (“Strong Sell”) stock decreased slightly to $27.01 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending May 2011 has decreased by 68 cents over the past week to $1.25 per share.

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