PetMed Express, Inc.’s (PETS) MACD indicator has moved into bearish territory with a reading of -0.1396. The Zacks #4 Rank (“Sell”) stock decreased more than 1% to $16.37 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending March 2011 has decreased by 1 cent over the past month to $1.07 per share.
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