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 –0.7973. The Zacks #4 Rank (“Sell”) stock decreased more 1.83% to $7.49 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending December 2012 has decreased by 12 cents over the past month to 70 cents per share.

 

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