Bearish MACD for La-Z-Boy Inc.
January 03, 2013 | Comments : 0
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January 03, 2013
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La-Z-Boy Inc.’s (LZB - Snapshot Report) MACD indicator has moved into bearish territory with a reading of –0.1639. The Zacks #4 Rank (“Sell”) stock decreased more than 0.67% to $14.91 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending April 2013 has decreased by 8 cents over the past two months to 75 cents per share.
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