Bearish MACD for Arcos Dorados Holding Inc. - Tale of the Tape

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Arcos Dorados Holding Inc. 's ( ARCO ) MACD indicator has moved into bearish territory with a reading of -0.4129. The Zacks #5 Rank ("Strong Sell") stock decreased more than 0.71% to $18.30 in morning trade. The Zacks Consensus Estimate on the company's earnings for the year ending December 2012 has decreased by 5 cents over the past two months to 81 cents per share.

 


 
ARCOS DORADOS-A ( ARCO ): Free Stock Analysis Report
 
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.



This article appears in: Investing , Investing Ideas , Stocks


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