Atwood Oceanics (ATW) NewsBite - ATW Upgraded By Howard Weil
Posted: Monday, March 01, 2010 2:58 PM EDT
By: Market Intelligence Center Staff
Atwood Oceanics (ATW) was upgraded today by analysts at Howard Weil and the stock is now at $34.10, up $0.64 (1.90%) on volume of 610,964 shares traded. The brokerage upgraded ATW to Market Outperform from Market Perform. Over the last 52 weeks the stock has ranged from a low of $13.03 to a high of $40.58. Atwood Oceanics stock has been showing support around $32.54 and resistance in the $33.98 range. Technical indicators for the stock are neutral and S&P gives ATW a neutral 3 STARS (out of 5) hold ranking. If you are looking for a hedged play on ATW the stock seems like it could be a candidate for a June out-of-the-money bull-put credit spread below the 30 range. [ABR-Seven Summits Strategic Investments NewsBite]
CLICK HERE: FREE Atwood Oceanics (ATW) Stock ReportSee what our analysts have uncovered about Atwood Oceanics (ATW).