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zacks

Bearish MACD for Ralcorp

  • On 11:41 am EDT, Tuesday October 20, 2009

Ralcorp Holdings Inc.’s (NYSE: RAH - News) MACD indicator has crossed over to bearish territory with a reading of -0.017. The Zacks #4 Rank (“Sell) stock declined slightly to $57.23 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending Sep 2009 has reduced by a penny over the past 2 months to $4.55 per share.

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