Total (TOT) Moves Higher on Rising Oil Futures
Posted: Friday, August 27, 2010 1:23 PM EDT
By: Market Intelligence Center Staff
Total (NYSE: TOT) opened at $47.24. So far today, the stock has hit a low of $46.24 and a high of $47.36. TOT is now trading at $47.13, up $0.49 (1.05%). Over the last 52 weeks the stock has ranged from a low of $43.07 to a high of $67.52. TOT shares are getting support from rising oil futures. Technical indicators for the stock are neutral and S&P gives TOT a neutral 3 STARS (out of 5) hold ranking. If you are looking for a hedged play on TOT the stock seems like it could be a candidate for a November out-of-the-money bull-put credit spread below the 40 range. [ABR-Seven Summits Strategic Investments NewsBite]
CLICK HERE: FREE Total (TOT) Stock ReportSee what our analysts have uncovered about Total (TOT).