Elizabeth Arden, Inc.’s (RDEN) MACD indicator has moved into bearish territory with a reading of –1.6131. The Zacks Rank # 5 (“Strong Sell”) stock decreased more than 0.25% to $39.41 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 $2.39 per share.
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