Bearish MACD for Fresh Del Monte - Tale of the Tape

By Zacks Equity Research,

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Fresh Del Monte Produce Inc. 's ( FDP ) MACD indicator has entered into bearish territory with a reading of -0.2153. The Zacks #4 Rank ("Sell") stock decreased more than 2% to $22.45 in morning trade. The Zacks Consensus Estimate for the year ending December 2012 has decreased by 2 cents over the past two months to $2.44 per share.

FRESH DEL MONTE ( FDP ): 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
Referenced Stocks: FDP

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