Bearish MACD for Green Mountain Coffee Roasters Inc. – Tale of the Tape (GMCR)

Zacks

Green Mountain Coffee Roasters Inc.’s (GMCR) MACD indicator has moved into bearish territory with a reading of –0.5017. The Zacks #5 Rank (“Strong Sell”) stock decreased more 4.60% to $21.62 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending September 2012 has decreased by 13 cents over the past week to $2.24 per share.

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