Bullish MACD for Arctic Cat – Tale of the Tape (ACAT)

Arctic Cat Inc.’s (ACAT) MACD indicator has entered into bullish territory with a reading of 0.1356. The Zacks #2 Rank (“Strong Buy”) stock increased more than 2% to $16.00 in afternoon trade. The Zacks Consensus Estimate for the year ending March 2012 has increased by 17 cents over the past two months to $1.00 per share.