Bearish MACD for Rock-Tenn Co.

Zacks

Rock-Tenn Co.’s (RKT) MACD indicator has moved into bearish territory with a reading of –1.0094. The Zacks #5 Rank (“Strong Sell”) stock decreased more than 0.82% to $64.21 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending September 2013 has decreased by 34 cents over the past month to $5.92 per share.

 

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