Companhia de Bebidas das Americas – AmBev’s (ABV) MACD indicator has moved into bearish territory with a reading of -0.3753. The Zacks #4 Rank (“Sell”) stock declined nearly 1% to $92.45 in morning trade. The Zacks Consensus Estimate on the company’s earnings for 2010 has decreased by 11 cents over the past month to $6.03 per share.
“ABV” Free Stock Analysis: Buy? Sell? Hold?
Zacks Investment Research