Bearish MACD for Chiquita Brands International, Inc.
May 15, 2012 | Comments : 0
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May 15, 2012
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Chiquita Brands International, Inc.’s ( CQB - Snapshot Report ) MACD indicator has moved into bearish territory with a reading of –0.7961. The Zacks #5 Rank (“Strong Sell”) stock decreased more than 1.09% to $5.45 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending December 2012 has decreased by 89 cents over the past week to 1 cent per share.
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