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Bearish MACD for Sanderson Farms, Inc.
August 07, 2012

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Sanderson Farms, Inc.’s (SAFM - Free Report) MACD indicator has moved into bearish territory with a reading of –2.3003. The Zacks #5 Rank (“Strong Sell”) stock decreased more 0.16% to $37.27 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending October 2012 has decreased by 46 cents over the past week to $1.73 per share.


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