ResMed (RMD) NewsBite - RMD Downgraded By Jefferies & Co.





ResMed (RMD) was downgraded today by analysts at Jefferies & Co. and the stock is now at $47.08, down $2.97 (-5.93%) on volume of 960,509 shares traded. The brokerage reduced RMD to Hold from Buy. Over the last 52 weeks the stock has ranged from a low of $30.53 to a high of $50.63. ResMed stock has been showing support around $48.57 and resistance in the $51.37 range. Technical indicators for the stock are bullish and S&P gives RMD a positive 4 STARS (out of 5) buy ranking. If you are looking for a hedged play on RMD the stock seems like it could be a candidate for an April out-of-the-money bear-call credit spread above the 55 range. [ABR-Seven Summits Strategic Investments NewsBite]



CLICK HERE: FREE ResMed (RMD) Stock Report
See what our analysts have uncovered about ResMed (RMD).
More News For ResMed (RMD):

Potential ResMed (RMD) Trade Targets 23.85% Return

Friday, February 10, 2012... ResMed Inc. (NYSE: RMD) closed Thursday's trading session at $29.92. In the past year, the stock has hit a 52-week low of $23.37 and 52-week high of......

http://www.marketintelligencecenter.com/analyfav/1333876

ResMed (RMD) Showing Bullish Technicals With Support At $28.97

Monday, February 06, 2012... ResMed (NYSE:RMD) closed Friday's positive trading session at $29.60. In the past year, the stock has hit a 52-week low of $23.37 and 52-week high of......

http://www.marketintelligencecenter.com/analyfav/1332747

ResMed (RMD) Showing Bullish Technicals With Support At $28.97

Tuesday, January 31, 2012... ResMed Inc. (NYSE: RMD) closed Monday's trading session at $29.29. In the past year, the stock has hit a 52-week low of $23.37 and 52-week high of......

http://www.marketintelligencecenter.com/analyfav/1331342

ResMed (RMD) Trading Near $25.60 Resistance Level

Thursday, January 05, 2012... ResMed (NYSE:RMD) closed Wednesday's unsure trading session at $24.98. In the past year, the stock has hit a 52-week low of $23.37 and 52-week high......

http://www.marketintelligencecenter.com/analyfav/1325963

ResMed (RMD) Trading Near $25.04 Resistance Level

Monday, December 19, 2011... ResMed (NYSE:RMD) closed Friday's wandering trading session at $24.72. In the past year, the stock has hit a 52-week low of $23.37 and 52-week high......

http://www.marketintelligencecenter.com/analyfav/1322494


Hedged Trade Ideas For RMD:

RMD




blog comments powered by Disqus


investorsobserver
OptionsXpress
Fidelity Investments
Brokers Xpress
money show 2011

Portions of this content may be copy written by Fresh Brewed Media, Investors Observer, and/or O2 Media LLC. SmartReadMX and other related related technologies used to produce content for this service are covered by US Patents numbers 7,865,496, 7,856,390, and 7,716,116.