Bullish MACD for Buckeye Tech. - Tale of the Tape

Buckeye Technologies Inc.’s (BKI) MACD indicator has moved into bullish territory with a reading of 0.0902. The Zacks #2 Rank (“Buy”) stock gained more than 1% to $11.42 in afternoon trade. The Zacks Consensus Estimate on the company’s earnings for the year ending June 2011 moved up 3 cents over the past 2 months to $1.33 per share.
 
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