Bullish MACD for PPS – Tale of the Tape

Post Properties, Inc.’s (PPS) MACD indicator has entered into bullish territory with a reading of 0.1525. The Zacks #1 Rank (“Strong Buy”) stock increased slightly to $41.79 in morning trade. The Zacks Consensus Estimate for the year ending December 2011 has increased by 2 cents over the past week to $1.81 per share.