The Middleby Corp.’s (MIDD) MACD indicator has moved into bearish territory with a reading of -0.2054. The Zacks #4 Rank (“Sell”) stock decreased slightly to $54.78 in afternoon trade. The Zacks Consensus Estimate on the company’s earnings for 2011 has moved down 3 cents over the past 2 months to $3.63 per share.
“MIDD” Free Stock Analysis: Buy? Sell? Hold?
Zacks Investment Research