Electronic Arts (ERTS) Trading Higher With Overall Sector
Posted: Monday, March 08, 2010 1:07 PM EDT
By: Market Intelligence Center Staff
Electronic Arts (NASDAQ: ERTS) opened at $17.20. So far today, the stock has hit a low of $17.11 and a high of $17.54. ERTS is now trading at $17.33, up $0.21 (1.23%). The stock hit its 52-Week high of $23.76 in June and set its 52-Week low of $14.76 last March. The stock is trading higher today with the rest of the overall multimedia & graphics software sector, which is up 0.8% on the day. Technical indicators for the stock are bearish and S&P gives ERTS a negative 2 STARS (out of 5) sell ranking. If you are looking for a hedged play on ERTS the stock seems like it could be a candidate for a June out-of-the-money bull-put credit spread below the 15 range. [ABR-Seven Summits Strategic Investments NewsBite]
CLICK HERE: FREE Electronic Arts (ERTS) Stock ReportSee what our analysts have uncovered about Electronic Arts (ERTS).