Sigma Aldrich (SIAL) NewsBite - SIAL Trading Lower On Jefferies Coverage
Posted: Friday, November 06, 2009 1:49 PM EDT
By: Market Intelligence Center Staff
Sigma Aldrich (NasdaqNM: SIAL) opened at $54.25. So far today, the stock has hit a low of $53.95 and a high of $54.95. SIAL is now trading at $54.29, down $0.50 (-0.91%). The stock hit its 52-Week high of $56.29 in last month and set its 52-Week low of $31.45 in March. Jefferies inititated coverage on the stock today with a Hold rating. Technical indicators for the stock are neutral and S&P gives SIAL a neutral 3 STARS (out of 5) hold ranking. If you are looking for a hedged play on SIAL the stock seems like it could be a candidate for a January out-of-the-money bear-call credit spread above the 60 range. [ABR-Seven Summits Strategic Investments NewsBite]
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