Bearish MACD for Sanderson Farms, Inc. - Tale of the Tape

By Zacks Equity Research,

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Sanderson Farms, Inc. 's ( SAFM ) MACD indicator has moved into bearish territory with a reading of -0.3003. The Zacks #5 Rank ("Strong Sell") stock decreased more 0.77% to $40.14 in morning trade. The Zacks Consensus Estimate on the company's earnings for the year ending October 2012 has decreased by $1.33 over the past month to $1.40 per share.


SANDERSON FARMS (SAFM): 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: SAFM

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