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Bearish MACD for PKG

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September 30, 2011 | Comment(s): 0
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PKG
Packaging Corporation of America’s (PKG - Snapshot Report) MACD indicator has entered into bearish territory with a reading of -0.1600. The Zacks #4 Rank (“Sell”) stock decreased more than 2% to $23.74 in morning trade. The Zacks Consensus Estimate for the year ending December 2011 has decreased by 2 cents over the past month to $1.69 per share.

 

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