Pacific Sunwear (PSUN) Q4 Earnings Preview
Posted: Wednesday, March 10, 2010 2:46 PM EDT
By: Market Intelligence Center Staff
Pacific Sunwear (NASDAQ: PSUN) opened at $5.35. So far today, the stock has hit a low of $5.34 and a high of $5.76. PSUN is now trading at $5.60, up $0.13 (2.38%). The stock hit its 52-Week high of $7.25 in October and set its 52-Week low of $1.12 in last March. PSUN will be reporting Q4 results tomorrow with Wall Street forecasting a loss of 30 cents per share. During the same period last year the company had a loss of 47 cents per share. Technical indicators for the stock are neutral and S&P gives PSUN a neutral 3 STARS (out of 5) hold ranking. If you are looking for a hedged play on PSUN the stock seems like it could be a candidate for a June out-of-the-money bull-put credit spread below the 5 range. [ABR-Seven Summits Strategic Investments NewsBite]
CLICK HERE: FREE Pacific Sunwear (PSUN) Stock ReportSee what our analysts have uncovered about Pacific Sunwear (PSUN).