Expeditors International of Washington (EXPD) 11/16/09 PriceWatch Alert At $28.69 Break Even
Posted: Monday, November 16, 2009 8:35 AM EDT
By: Market Intelligence Center Staff
Expeditors International of Washington (NasdaqNM: EXPD) ended the last trading session at $32.19. 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 31.90 and resistance in the 32.70 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 $28.69 area. That is also the break even stock price for this trade. This covered call has a 96 day duration, provides 10.87% downside protection and a 4.57% assigned return rate for a 17.36% annualized return rate (comparison purposes only). Expeditors International of Washington has a current annual dividend yield of 1.15%. [ABR-Seven Summits Research]
CLICK HERE: FREE Expeditors International of Washington (EXPD) Stock ReportSee what our analysts have uncovered about Expeditors International of Washington (EXPD).