Macerich Co Enters Oversold Territory – Tale of the Tape

Zacks

Macerich Co’s (MAC) share price has entered into oversold territory with an RSI value of 29.97. The Zacks Consensus Estimate on Macerich Co’s earnings for the full year period have moved higher by 4 cents over the past two months to $3.42 per share. Currently, Macerich Co is a Zacks #2 Rank (“Buy”), suggesting that now might be a good time to get in on (MAC) after its recent drop.

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