Pier 1 Imports Inc.’s (PIR) MACD indicator has moved into bullish territory with a reading of 0.0569. The Zacks #1 Rank (“Strong Buy”) stock increased slightly to $7.13 in afternoon trade. The Zacks Consensus Estimate on the company’s earnings for the year ending February 2011 moved up 17 cents over the past 2 months to 63 cents per share.
Bullish MACD for Pier 1 Imports
By Zacks Investment Research Aug 4, 2010, 1:26 PM Author's Website
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