Bearish MACD for Dole Food Company, Inc.

Zacks

Dole Food Company, Inc.’s (DOLE) MACD indicator has moved into bearish territory with a reading of –0.2107. The Zacks #4 Rank (“Sell”) stock decreased more than 13.69% to $9.90 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending December 2012 has decreased by 29 cents over the past two months to 94 cents per share.

 

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