Bearish MACD for La-Z-Boy Inc.

Zacks

La-Z-Boy Inc.’s (LZB) MACD indicator has moved into bearish territory with a reading of –0.5545. The Zacks #4 Rank (“Sell”) stock decreased more than 1.17% to $13.55 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending April 2013 has decreased by 8 cents over the past month to 75 cents per share.

 

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