Arcos Dorados Holding Inc.‘s (ARCO) MACD indicator has moved into bearish territory with a reading of -0.4129. The Zacks #5 Rank (“Strong Sell”) stock decreased more than 0.71% to $18.30 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending December 2012 has decreased by 5 cents over the past two months to 81 cents per share.
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