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Bearish MACD for Elizabeth Arden, Inc. - Tale of the Tape

By: Zacks.com
Posted: 3/11/2013 11:11:00 AM
Referenced Stocks: RDEN

Elizabeth Arden, Inc. 's ( RDEN ) MACD indicator has moved into bearish territory with a reading of -0.7489. The Zacks Rank # 5 ("Strong Sell") stock decreased more than 1.61% to $39.12 in morning trade. The Zacks Consensus Estimate on the company's earnings for the year ending June 2013 has decreased by 27 cents over the past two months to $2.39 per share.



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