Arcos Dorados Holding Inc.’s (ARCO) MACD indicator has moved into bearish territory with a reading of –0.4129. The Zacks #5 Rank (“Strong Sell”) stock decreased more than 0.71% to $18.30 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending December 2012 has decreased by 5 cents over the past two months to 81 cents per share.
More From Zacks.com
- Investment & Company Information