Bearish MACD for Red Robin

Red Robin Gourmet Burgers, Inc ’s (RRGB) MACD indicator has moved into bearish territory with a reading of -0.0616. The Zacks #4 Rank (“Sell”) stock decreased slightly to $18.83 in afternoon trade. The Zacks Consensus Estimate on the company’s earnings for the year ending 2010 has decreased by 12 cents over the past two months to 94 cents per share.

RED ROBIN GOURM (RRGB): Free Stock Analysis Report

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