American Greetings Corp.‘s(AM) MACD indicator has crossed over to bearish territory with a reading of -0.0192. The Zacks #4 Rank (“Sell”) stock has slipped more than 2% to $6.8 in afternoon trade. Analysts have been reducing their estimates on the company’s fiscal 2010 earnings, with the consensus down 5 cents over the past 2 months to 65 cents per share.
“AM” Free Stock Analysis: Buy? Sell? Hold?
Zacks Investment Research
