Landec Corp.’s (LNDC) MACD indicator has moved into bearish territory with a reading of -0.0592. The Zacks #4 Rank (“Sell”) stock declined nearly 1% to $6.02 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending May 2010 has reduced by a penny over the past 2 months to 31 cents per share.
“LNDC” Free Stock Analysis: Buy? Sell? Hold?
Zacks Investment Research