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Pilgrim’s Pride Corp.’s ( PPC - Snapshot Report ) MACD indicator has moved into bearish territory with a reading of –0.3426. The Zacks #4 Rank (“Sell”) stock decreased more than 2.81% to $5.18 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending December 2012 has decreased by 24 cents over the past month to 27 cents per share.
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