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Bearish MACD for Interline Brands

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June 29, 2011 | Comment(s): 0
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IBI
Interline Brands Inc ’s (IBI - Snapshot Report) MACD indicator has moved into bearish territory with a reading of -0.0600. The Zacks #5 Rank (“Strong Sell”) stock decreased slightly to $18.52 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending December 2011 has decreased by 8 cents over the past two months to $1.19 per share.

 

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