Steelcase Inc.’s (SCS) MACD indicator has moved into bullish territory with a reading of 0.0248. The Zacks #2 Rank (“Buy”) stock increased slightly to $7.82 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending February 2011 moved up 10 cents over the past week to 23 cents per share.
“SCS” Free Stock Analysis: Buy? Sell? Hold?
Zacks Investment Research