Griffon Corp.’s (GFF) MACD indicator has moved into bearish territory with a reading of -0.4340. The Zacks #4 Rank (“Sell”) stock slipped more than 3% to $12.04 in afternoon trade. The Zacks Consensus Estimate on the company’s earnings for the year ending September 2011 has dipped by a penny over the past month to 73 cents per share.
“GFF” Free Stock Analysis: Buy? Sell? Hold?
Zacks Investment Research