ManTech International (MANT) 2/9/10 PriceWatch Alert Targets 4.90% Return
Posted: Tuesday, February 09, 2010 8:26 AM EDT
By: Market Intelligence Center Staff
ManTech International (NASDAQ: MANT) closed yesterday at $44.89. So far the stock has hit a 52-week low of $32.86 and 52-week high of $59.72. ManTech International stock has been showing support around 43.24 and resistance in the 45.92 range. Technical indicators for the stock are Bearish and S&P gives MANT a positive 4 STAR (out of 5) buy rating. MANT appears on the Investors Observer Momentum Plays list. For a hedged play on this stock, look at an Aug '10 40 covered call for a net debit in the $38.99 area. That is also the break even stock price for this trade. This covered call has a 193 day duration, provides 13.14% downside protection and a 2.59% assigned return rate for a 4.90% annualized return rate (comparison purposes only). ManTech International does not pay dividends at this time. [ATU-Seven Summits Research]
CLICK HERE: FREE ManTech International (MANT) Stock ReportSee what our analysts have uncovered about ManTech International (MANT).