Bearish MACD for Assisted Living Concepts, Inc.

Zacks

Assisted Living Concepts, Inc.’s (ALC) MACD indicator has moved into bearish territory with a reading of –0.5901. The Zacks #5 Rank (“Strong Sell”) stock decreased more than 0.37% to $13.55 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending December 2012 has decreased by 2 cents over the past week to $1.07 per share.

 

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