Procter and Gamble (PG) Trading Slightly Higher Following EVA Dimensions, LLC Upgade
Posted: Friday, March 19, 2010 1:17 PM EDT
By: Market Intelligence Center Staff
Procter and Gamble (PG) was upgraded today by analysts at EVA Dimensions, LLC and the stock is now at $63.80, up $0.07 (0.11%) on volume of 9,509,820 shares traded. EVA Dimensions, LLC upgraded the stock today to Hold from Underweight. Over the last 52 weeks the stock has ranged from a low of $45.52 last March to a high of $64.15 earlier this month. Procter and Gamble stock has been showing support around $63.36 and resistance in the $64.32 range. Technical indicators for the stock are bullish and S&P gives PG a positive 4 STARS (out of 5) buy ranking. If you are looking for a hedged play on PG the stock seems like it could be a candidate for a July out-of-the-money bull-put credit spread below the 55 range. [ABR-Seven Summits Strategic Investments NewsBite]
CLICK HERE: FREE Procter and Gamble (PG) Stock ReportSee what our analysts have uncovered about Procter and Gamble (PG).