Expeditors International of Washington (EXPD) PriceWatch Alert for November 13, 2009
Posted: Friday, November 13, 2009 8:25 AM EDT
By: Market Intelligence Center Staff
Expeditors International of Washington (NasdaqNM: EXPD) closed yesterday at $32.43. So far the stock has hit a 52-week low of $23.86 and 52-week high of $38.10. Expeditors International of Washington stock has been showing support around 32.05 and resistance in the 33.11 range. Technical indicators for the stock are Bearish and S&P gives EXPD a positive 4 STAR (out of 5) buy rating. EXPD appears on the Investors Observer Analysts Favorites list. For a hedged play on this stock, look at a Feb '10 30 covered call (URP BF) for a net debit in the $28.73 area. That is also the break even stock price for this trade. This covered call has a 99 day duration, provides 11.41% downside protection and a 4.42% assigned return rate for a 16.30% annualized return rate (comparison purposes only). Expeditors International of Washington has a current annual dividend yield of 1.18%. [FBB-Seven Summits Research]
CLICK HERE: FREE Expeditors International of Washington (EXPD) Stock ReportSee what our analysts have uncovered about Expeditors International of Washington (EXPD).