Bearish MACD for Buckeye Technologies Inc.

Zacks

Buckeye Technologies Inc.’s (BKI) MACD indicator has moved into bearish territory with a reading of –1.3786. The Zacks #5 Rank (“Strong Sell”) stock decreased more than 0.04% to $26.18 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending June 2013 has decreased by 27 cents over the past month to $2.66 per share.

 

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