Bearish MACD for Lorillard – Zacks Tale of the Tape
Posted on January 12, 2010 at 11:42 AM EST
Lorillard Inc.. ’s ( LO ) MACD indicator has entered into bearish territory with a reading of -0.1424. The Zacks #4 Rank (“Sell") stock dipped more than 1% to $77.42 in morning trade. The Zacks Consensus Estimate on the company’s earnings for 2010 has reduced by a penny over the past week to $6.32 per share. "LO" Free Stock Analysis: Buy? Sell? Hold? Zacks Investment Research
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