Bullish MACD for Perry Ellis – Tale of the Tape (PERY)

Perry Ellis International, Inc.’s (PERY) MACD indicator has entered into bullish territory with a reading of 0.2239. The Zacks #2 Rank (“Buy”) stock increased more than 3% to $22.02 in morning trade. The Zacks Consensus Estimate for the year ending January 2012 has increased by 2 cents over the past two months to $2.51 per share.