EastGroup Properties Inc.’s(EGP) MACD indicator has crossed over to bearish territory with a reading of -0.0688. The Zacks #4 Rank (“Sell”) stock fell more than 1% to $36.91 in afternoon trade. The Zacks Consensus Estimate on the company’s full-year earnings has decreased by a penny over the past month to $3.12 per share.
“EGP” Free Stock Analysis: Buy? Sell? Hold?
Zacks Investment Research
