Bearish MACD for Big Lots, Inc.

Zacks

Big Lots, Inc.’s (BIG) MACD indicator has moved into bearish territory with a reading of –2.2553. The Zacks #4 Rank (“Sell”) stock decreased more than 0.96% to $30.80 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending January 2013 has decreased by 41 cents over the past week to $2.84 per share.

 

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