ManTech International (MANT) NewsBite

Posted on Monday, June 23, 2008 9:06 AM

ManTech International (NasdaqNM: MANT) ended the last trading session at $50.80. So far the stock has hit a 52-week low of $29.71 and 52-week high of $53.98. ManTech International stock has been showing support around 49.43 and resistance in the 52.77 range. Technical indicators for the stock are Bullish and S&P gives MANT a neutral 3 STAR (out of 5) hold rating. For a hedged play on this stock, look at an Aug '08 50 covered call (UUN HJ) for a net debit in the $47.30 area. That is also the break even stock price for this trade. This covered call has a 54 day duration, provides 6.89% downside protection and a 5.71% assigned return rate for a 38.58% annualized return rate (comparison purposes only). ManTech International does not pay dividends at this time. [IHF - Investors Observer]

Stocks To Watch Today: GE, XTO, TM, GM, KEY, APC, NUE, JCP, DE, CAM, KLAC, NOC (Click Symbol For Latest News)

Enter your email address below and Click on the [Sign Up] button to receive our exclusive daily Morning Market Update plus a FREE password for access to the news, insight and intelligence that can make a difference in the way you invest.

eMail Address:

del.icio.us

Portions of this content may be copywritten by Fresh Brewed Media, Wall Street Secrets Plus, Investors Observer, VHS, LLC., and RealTimeTraders.com. SmartReadMX and related technologies are covered by US Patent Office # 60/631,747.