Sanderson Farms, Inc.‘s (SAFM) MACD indicator has moved into bearish territory with a reading of -2.3003. The Zacks #5 Rank (“Strong Sell”) stock decreased more 0.16% to $37.27 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending October 2012 has decreased by 46 cents over the past week to $1.73 per share.

To read this article on Zacks.com click here.

Zacks Investment Research