Bearish MACD for Oxford Industries, Inc.

Zacks

Oxford Industries, Inc.’s (OXM) MACD indicator has moved into bearish territory with a reading of –1.9553. The Zacks #4 Rank (“Sell”) stock decreased more than 0.42% to $47.71 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending January 2013 has decreased by 26 cents over the past month to $2.66 per share.

 

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