Fresh Del Monte Produce Inc.’s (FDP) MACD indicator has moved into bearish territory with a reading of -0.3570. The Zacks #5 Rank (“Strong Sell”) stock declined slightly to $20.81 in morning trade. The Zacks Consensus Estimate on the company’s earnings for 2010 has reduced by 17 cents over the past week to $2.30 cents per share.
“FDP” Free Stock Analysis: Buy? Sell? Hold?
Zacks Investment Research