Bearish MACD for Ruby Tuesday – Tale of the Tape (RT)

Zacks

Ruby Tuesday, Inc.’s (RT) MACD indicator has entered into bearish territory with a reading of -0.0628. The Zacks #4 Rank (“Sell”) stock decreased slightly to $7.42 in morning trade. The Zacks Consensus Estimate for the year ending May 2012 has decreased by 12 cents over the past two months to 64 cents per share.

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