Southwestern Energy (SWN) NewsBite - SWN Rises on Higher Energy Futures
Posted: Friday, March 05, 2010 11:26 AM EDT
By: Market Intelligence Center Staff
Southwestern Energy (NYSE: SWN) opened at $41.19. So far today, the stock has hit a low of $41.19 and a high of $42.05. SWN is now trading at $41.96, up $1.19 (2.92%). Over the last 52 weeks the stock has ranged from a low of $26.82 to a high of $52.82. SWN shares are receiving support from rising oil futures today. Technical indicators for the stock are bullish and S&P gives SWN a positive 4 STARS (out of 5) buy ranking. If you are looking for a hedged play on SWN the stock seems like it could be a candidate for an April out-of-the-money bull-put credit spread below the 38 range. [ABR-Seven Summits Strategic Investments NewsBite]
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