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zacks

Pantry's MACD Signals Bearishness

  • On 10:52 am EDT, Friday October 2, 2009

The Pantry Inc.’s (NasdaqGS: PTRY - News) MACD indicator has crossed over to bearish territory with a reading of -0.0455. The Zacks #5 Rank (“Strong Sell) stock fell nearly 1% to $15.08 in morning trade. Analysts have been reducing their estimates on the company’s earnings for the year ending Sep 2010, with the consensus down 8 cents over the past month to $1.56 per share.

THE PANTRY INC (PTRY): Free Stock Analysis Report

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