Helix Energy Solutions (HLX) Is Trading With Unusual Volume
Posted: Wednesday, March 10, 2010 3:07 PM EDT
By: Market Intelligence Center Staff
Helix Energy Solutions (HLX) appears to be trading at a higher than usual volume today and is now at $13.78, up $0.68 (5.19%) on volume of 4,294,881 shares traded. For the last 30 days HLX has traded 1,608,423 shares on average each day. So far today's volume is 167.02% above that average volume. Over the last 52 weeks the stock has ranged from a low of $4.00 to a high of $16.92. Helix Energy Solutions stock has been showing support around $12.55 and resistance in the $13.41 range. Technical indicators for the stock are neutral and S&P gives HLX a neutral 3 STARS (out of 5) hold ranking. If you are looking for a hedged play on HLX the stock seems like it could be a candidate for a June out-of-the-money bull-put credit spread below the 12.50 range. [ABR-Seven Summits Strategic Investments NewsBite]
CLICK HERE: FREE Helix Energy Solutions (HLX) Stock ReportSee what our analysts have uncovered about Helix Energy Solutions (HLX).