Children’s Place Retail Stores, Inc.’s (PLCE) MACD indicator has moved into bearish territory with a reading of –1.8778. The Zacks #4 Rank (“Sell”) stock decreased more than 2.03% to $43.39 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending January 2013 has decreased by 20 cents over the past two months to $3.13 per share.
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