Bearish MACD for Bob Evans Farms Inc.

Zacks

Bob Evans Farms Inc.’s (BOBE) MACD indicator has moved into bearish territory with a reading of –0.6361. The Zacks Rank #4 (“Sell”) stock decreased more than 1.12% to $39.73 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending April 2013 has decreased by 4 cents over the past month to $2.58 per share.

 

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