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Bearish MACD for Perry Ellis International, Inc.

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Perry Ellis International, Inc.’s (PERY - Free Report) MACD indicator has moved into bearish territory with a reading of –0.8501. The Zacks Rank # 5 (“Strong Sell”) stock decreased more than 0.34% to $16.23 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending January 2013 has decreased by 33 cents over the past month to $1.45 per share.


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