Bearish MACD for Flowers Foods, Inc.
October 18, 2012 | Comments : 0
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October 18, 2012
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Flowers Foods, Inc.’s ( FLO - Snapshot Report ) MACD indicator has moved into bearish territory with a reading of –0.4043. The Zacks #4 Rank (“Sell”) stock decreased more than 0.73% to $19.02 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending December 2012 has decreased by a cent over the past two months to 99 cents per share.
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