Steven Madden, Ltd.’s (SHOO) MACD indicator has moved into bearish territory with a reading of –1.1492. The Zacks #4 Rank (“Sell”) stock decreased more than 2.24% to $34.00 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending December 2012 has decreased by a cent over the past month to $2.67 per share.
STEVEN MADDEN (SHOO): 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