Bearish MACD for American Greetings Corp.
January 15, 2013 | Comments : 0
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January 15, 2013
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American Greetings Corp.’s ( AM ) MACD indicator has moved into bearish territory with a reading of –0.0743. The Zacks #5 Rank (“Strong Sell”) stock decreased more than 0.36% to $16.84 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending February 2013 has decreased by 65 cents over the past month to 80 cents per share.
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