Bearish MACD for Big Lots, Inc.

Zacks

Big Lots, Inc.’s (BIG) MACD indicator has moved into bearish territory with a reading of –0.6561. The Zacks #5 Rank (“Strong Sell”) stock decreased more than 1.97% to $27.92 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 week to $2.80 per share.

 

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