Bearish MACD for PriceSmart, Inc.
July 11, 2012 | Comments : 0
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July 11, 2012
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PriceSmart, Inc.’s ( PSMT - Snapshot Report ) MACD indicator has moved into bearish territory with a reading of –0.6873. The Zacks #4 Rank (“Sell”) stock decreased more than 0.90% to $66.04 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending August 2012 has decreased by 4 cents over the past month to $2.32 per share.
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