Bearish MACD for PriceSmart, Inc. – Tale of the Tape (PSMT)

Zacks

PriceSmart, Inc.’s (PSMT) MACD indicator has moved into bearish territory with a reading of –0.6873. The Zacks #4 Rank (“Sell”) stock decreased more than 0.90% to $66.04 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending August 2012 has decreased by 4 cents over the past month to $2.32 per share.

PRICESMART INC (PSMT): Free Stock Analysis Report

To read this article on Zacks.com click here.

Get all Zacks Research Reports and be alerted to fast-breaking buy and sell opportunities every trading day.

Be the first to comment

Leave a Reply