Health Care Property Investors (HCP) 11/9/09 PriceWatch Alert Support Down To $27.07
Posted: Monday, November 09, 2009 8:28 AM EDT
By: Market Intelligence Center Staff
Health Care Property Investors (NYSE: HCP) ended the last trading session at $27.75. So far the stock has hit a 52-week low of $14.26 and 52-week high of $31.09. Health Care Property Investors stock has been showing support around 27.07 and resistance in the 28.81 range. Technical indicators for the stock are Bearish and S&P gives HCP a neutral 3 STAR (out of 5) hold rating. HCP appears on the Investors Observer Hedged Dividend Income list. For a hedged play on this stock, look at a Jan '10 25 covered call (HCP AE) for a net debit in the $24.15 area. That is also the break even stock price for this trade. This covered call has a 68 day duration, provides 12.97% downside protection and a 3.52% assigned return rate for an 18.89% annualized return rate (comparison purposes only). Health Care Property Investors has a current annual dividend yield of 6.48%. [ABR-Seven Summits Research]
CLICK HERE: FREE Health Care Property Investors (HCP) Stock ReportSee what our analysts have uncovered about Health Care Property Investors (HCP).
More News For Health Care Property Investors (HCP):
HCP, Inc. (HCP): Health Care REIT
Tuesday, February 07, 2012... HCP, Inc. is a health care REIT. The trust primarily invests in healthcare properties such as senior housing, medical offices and hospitals. HCP has......
http://www.marketintelligencecenter.com/multiarticle.aspx?story=1332503&page=3
blog comments powered by