Hansen Natural (HANS) NewsBite - HANS Earnings Top Estimates
Posted: Friday, May 08, 2009 10:34 AM EDT
By: Market Intelligence Center Staff
Hansen Natural (NasdaqNM: HANS) opened at $41.38. So far today, the stock has hit a low of $39.43 and a high of $41.88. HANS is now trading at $41.03, up $2.97 (7.8%). Over the last 52 weeks the stock has ranged from a low of $20.52 to a high of $42.50. Shares of HANS are rising this morning after the company reported its first-quarter profit rose 44.3 percent to $41.6 million, or 44 cents per share, beating analysts' forecasts of 37 cents per share. Technical indicators for the stock are bullish and S&P does not currently have a STARS rating for HANS. If you are looking for a hedged play on HANS the stock seems like it could be a candidate for a June out-of-the-money bull-put credit spread below the 36 range. [ABR-Seven Summits Strategic Investments NewsBite]
CLICK HERE: FREE Hansen Natural (HANS) Stock ReportSee what our analysts have uncovered about Hansen Natural (HANS).