Bearish MACD for Middleby (MIDD)

The Middleby Corp. (MIDD) MACD indicator has moved into bearish territory with a reading of -0.2054. The Zacks #4 Rank (“Sell”) stock decreased slightly to $54.78 in afternoon trade. The Zacks Consensus Estimate on the company’s earnings for 2011 has moved down 3 cents over the past 2 months to $3.63 per share.

MIDDLEBY CORP (MIDD): Free Stock Analysis Report
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