Bearish MACD for Flowers Foods, Inc.

Zacks

Flowers Foods, Inc.’s (FLO) MACD indicator has moved into bearish territory with a reading of –0.0454. The Zacks #4 Rank (“Sell”) stock decreased more than 1.11% to $19.52 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending December 2012 has decreased by a cent over the past two months to 99 cents per share.

 

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