Bearish MACD for American Greetings Corp.
August 08, 2012 | Comments : 0
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August 08, 2012
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American Greetings Corp.’s ( AM ) MACD indicator has moved into bearish territory with a reading of –0.1596. The Zacks #5 Rank (“Strong Sell”) stock decreased more 0.07% to $13.57 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending February 2013 has decreased by 56 cents over the past two months to $1.69 per share.
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