Crocs (CROX) NewsBite - CROX Could Be On The Move
Posted: Monday, August 24, 2009 10:16 AM EDT
By: Market Intelligence Center Staff
Crocs (NasdaqNM: CROX) opened at $7.14. So far today, the stock has hit a low of $7.08 and a high of $7.43. CROX is now trading at $7.27, up $0.32 (4.60%). Over the last 52 weeks the stock has ranged from a low of $.79 to a high of $7.45. Shares of CROX are rising this morning as investors continued to push the market higher following Friday's rally. Investors could be betting on an economic recovery this morning, which would be good news for CROX. Technical indicators for the stock are bullish and S&P does not currently have a STARS rating for CROX. If you are looking for a hedged play on CROX the stock seems like it could be a candidate for a December out-of-the-money bull-put credit spread below the 4 range. [ABR-Seven Summits Strategic Investments NewsBite]
CLICK HERE: FREE Crocs (CROX) Stock ReportSee what our analysts have uncovered about Crocs (CROX).
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