KapStone Paper and Packaging Corp.’s (KS) MACD indicator has moved into bearish territory with a reading of -0.0464. The Zacks #4 Rank (“Sell”) stock declined more than 2% to $8.73 in morning trade. The Zacks Consensus Estimate on the company’s earnings for 2010 has reduced by a penny over the past 3 months to 69 cents per share.
“KS” Free Stock Analysis: Buy? Sell? Hold?
Zacks Investment Research