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Bearish MACD for Barnes & Noble

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January 04, 2012 | Comment(s): 0
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BKS

Barnes & Noble, Inc.’s (BKS - Snapshot Report) MACD indicator has entered into bearish territory with a reading of -0.2810. The Zacks #5 Rank (“Strong Sell”) stock decreased more than 3% to $13.60 in morning trade. The Zacks Consensus Estimate for the year ending April 2012 has worsened by 2 cents over the past month to a loss of 59 cents per share.

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