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Bearish MACD for PKG

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June 16, 2011 | Comment(s): 0
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PKG
Packaging Corporation of America’s (PKG - Snapshot Report) MACD indicator has moved into bearish territory with a reading of -0.1383. The Zacks #4 Rank (“Sell”) stock decreased slightly to $27.23 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending December 2011 has decreased by 4 cents over the past week to $1.80 per share.

 

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