The New York Times Company’s (NYT) MACD indicator has moved into bearish territory with a reading of –0.3792. The Zacks #4 Rank (“Sell”) stock decreased more than 1.23% to $8.01 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending December 2012 has decreased by 18 cents over the past two months to 50 cents per share.
More From Zacks.com
- Investment & Company Information