Bullish MACD for KBR Inc – Tale of the Tape (KBR)

KBR, Inc.’s (KBR) MACD indicator has entered into bullish territory with a reading of 0.2654. The Zacks #1 Rank (“Strong Buy”) stock increased more than 2% to $28.88 in morning trade. The Zacks Consensus Estimate for the year ending December 2011 has increased by 32 cents over the past three months to $2.69.