Papa John’s Int’l, Inc.’s (PZZA) MACD indicator has moved into bearish territory with a reading of -0.0319. The Zacks #4 Rank (“Sell”) stock decreased more than 1% to $31.83 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending December 2011 has decreased by a cent over the past week to $2.12 per share.
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