Bullish MACD for Ruddick Corporation – Tale of the Tape (RDK)

Ruddick Corporation’s (RDK) MACD indicator has entered into bullish territory with a reading of 0.1787. The Zacks #2 Rank (“Buy”) stock increased more than 1% to $42.05 in morning trade. The Zacks Consensus Estimate for the year ending September 2011 has increased by 3 cents over the past two months to $2.48 per share.