Bearish MACD for Fossil, Inc.

Zacks

Fossil, Inc.’s (FOSL) MACD indicator has moved into bearish territory with a reading of –3.0121. The Zacks #4 Rank (“Sell”) stock decreased more 0.63% to $67.29 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 month to $5.33 cents per share.

 

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