J.C. Penney Company, Inc.‘s (JCP) MACD indicator has moved into bearish territory with a reading of -0.3726. The Zacks #5 Rank (“Strong Sell”) stock decreased more 0.80% to $21.07 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending January 2013 has decreased by 13 cents over the past week to 94 cents per share.
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