Columbia Sportswear Co.’s (COLM) MACD indicator has moved into bearish territory with a reading of –1.1092. The Zacks Rank # 4 (“Sell”) stock decreased more than 0.64% to $48.37 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending December 2012 has decreased by 8 cents over the past month to $2.99 per share.
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