Bearish MACD for Sanderson Farms, Inc.
August 22, 2012 | Comments : 0
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August 22, 2012
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Sanderson Farms, Inc.’s ( SAFM - Snapshot Report ) MACD indicator has moved into bearish territory with a reading of –0.3003. The Zacks #5 Rank (“Strong Sell”) stock decreased more 0.77% to $40.14 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending October 2012 has decreased by $1.33 over the past month to $1.40 per share.
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