Bearish MACD for hhgregg, Inc. - Tale of the Tape

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hhgregg, Inc. 's ( HGG ) MACD indicator has moved into bearish territory with a reading of -1.0612. The Zacks #5 Rank ("Strong Sell") stock decreased more than 0.45% to $6.70 in morning trade. The Zacks Consensus Estimate on the company's earnings for the year ending March 2013 has decreased by 28 cents over the past month to 93 cents per share.

 


 
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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 The NASDAQ OMX Group, Inc.



This article appears in: Investing , Investing Ideas , Stocks

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