Honda Motor (HMC) PriceWatch Alert Technicals Showing Bullish
Posted: Monday, June 15, 2009 8:07 AM EDT
By: Market Intelligence Center Staff
Honda Motor (NYSE: HMC) ended the last trading session at $28.86. So far the stock has hit a 52-week low of $17.35 and 52-week high of $36.29. Honda Motor stock has been showing support around 28.37 and resistance in the 29.13 range. Technical indicators for the stock are Bullish and S&P gives HMC a weak 2 STAR (out of 5) sell rating. HMC appears on the Investors Observer Stocks In The News list. Barclays Capital downgraded HMC on Friday to Equal Weight from Overweight. For a hedged play on this stock, look at an Oct '09 25 covered call (HMC JE) for a net debit in the $24.06 area. That is also the break even stock price for this trade. This covered call has a 124 day duration, provides 16.63% downside protection and a 3.91% assigned return rate for an 11.50% annualized return rate (comparison purposes only). Honda Motor has a current annual dividend yield of 1.33%. [For more information on these strategies along with more details on possible risks go to www.iotogo.com/HPWAinfo]
CLICK HERE: FREE Honda Motor (HMC) Stock ReportSee what our analysts have uncovered about Honda Motor (HMC).
More News For Honda Motor (HMC):
Honda Motor (HMC) Trading Near $35.76 Support Level
Wednesday, February 08, 2012... Honda Motor (NYSE:HMC) closed Tuesday's favorable trading session at $36.14. In the past year, the stock has hit a 52-week low of $27.52 and......
http://www.marketintelligencecenter.com/analyfav/1333185
Should Companies Keep Super Bowl Ads a Surprise?
Friday, February 03, 2012... This is a big weekend for sports lovers, as Super Bowl 46 will be held this Sunday at 6:30 p.m. ET. As with any championship game, the stakes are......
http://www.marketintelligencecenter.com/specialreports/1332494
Honda Motor (HMC)
Wednesday, January 18, 2012... The midsize auto segment is one of the most competitive in the auto industry and Honda (HMC) has found big success with the Accord. At this year's......
http://www.marketintelligencecenter.com/multiarticle.aspx?story=1327431&page=4
blog comments powered by