Universal Health Services (UHS) 11/12/09 PriceWatch Alert Support Down To $57.68
Posted: Thursday, November 12, 2009 8:37 AM EDT
By: Market Intelligence Center Staff
Universal Health Services (NYSE: UHS) closed yesterday at $58.45. So far the stock has hit a 52-week low of $30.43 and 52-week high of $66.64. Universal Health Services stock has been showing support around 57.68 and resistance in the 59.14 range. Technical indicators for the stock are Bearish and S&P gives UHS a neutral 3 STAR (out of 5) hold rating. UHS appears on the Investors Observer Hedged Dividend Income list. For a hedged play on this stock, look at a Jan '10 55 covered call (UHS AK) for a net debit in the $53.55 area. That is also the break even stock price for this trade. This covered call has a 65 day duration, provides 8.38% downside protection and a 2.71% assigned return rate for a 15.21% annualized return rate (comparison purposes only). Universal Health Services has a current annual dividend yield of 0.55%. [THA-Seven Summits Research]
CLICK HERE: FREE Universal Health Services (UHS) Stock ReportSee what our analysts have uncovered about Universal Health Services (UHS).