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Bearish MACD for Arctic Cat Inc.

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Arctic Cat Inc.’s MACD indicator has moved into bearish territory with a reading of –0.4893. The Zacks #4 Rank (“Sell”) stock decreased more than 1.13% to $35.03 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending March 2013 has decreased by a cent over the past month to $2.84 per share.


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