Bearish MACD for Big Lots, Inc.

Zacks

Big Lots, Inc.’s (BIG) MACD indicator has moved into bearish territory with a reading of –0.3773. The Zacks #5 Rank (“Strong Sell”) stock decreased more than 0.92% to $30.32 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending January 2013 has decreased by a cent over the past month to $2.83 per share.

 

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