Texas Industries, Inc.’s (TXI) MACD indicator has moved into bearish territory with a reading of -0.3808. The Zacks #4 Rank (“Sell”) stock declined slightly to $34.51 in morning trade. The Zacks Consensus Estimate for the fiscal year ending May 2011 is currently pegged at a loss of 57 cents per share, which worsened by 24 cents over the past 2 months.
“TXI” Free Stock Analysis: Buy? Sell? Hold?
Zacks Investment Research