Bearish MACD for Pilgrim's Pride Corp.


Pilgrim’s Pride Corp.’s (PPC) MACD indicator has moved into bearish territory with a reading of –0.3426. The Zacks #4 Rank (“Sell”) stock decreased more than 2.81% to $5.18 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending December 2012 has decreased by 24 cents over the past month to 27 cents per share.

PILGRIMS PRIDE CORP (PPC): Free Stock Analysis Report

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