Bearish MACD for John Bean Technologies Corp.

Zacks

John Bean Technologies Corp.’s (JBT) MACD indicator has moved into bearish territory with a reading of –0.1611. The Zacks #5 Rank (“Strong Sell”) stock decreased more than 0.19% to $15.42 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending December 2012 has decreased by 17 cents over the past month to $1.23 per share.

 

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