Bearish MACD for American Greetings Corp.

Zacks

American Greetings Corp.’s (AM) MACD indicator has moved into bearish territory with a reading of –0.2735. The Zacks Rank # 5 (“Strong Sell”) stock decreased more than 0.06% to $15.96 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending February 2013 has decreased by 65 cents over the past two months to 80 cents per share.

 

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