Bearish MACD for PriceSmart, Inc. – Tale of the Tape

PriceSmart, Inc.’s (PSMT) MACD indicator has moved into bearish territory with a reading of –0.6873. The Zacks #4 Rank (“Sell”) stock decreased more than 0.90% to $66.04 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending August 2012 has decreased by 4 cents over the past month to $2.32 per share.

 

 
PRICESMART INC (PSMT): Free Stock Analysis Report
 
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