Universal Health Services (UHS) 11/18/09 PriceWatch Alert Support At Around $58.37
Posted: Wednesday, November 18, 2009 8:14 AM EDT
By: Market Intelligence Center Staff
Universal Health Services (NYSE: UHS) closed yesterday at $59.03. 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 58.37 and resistance in the 59.47 range. Technical indicators for the stock are Bullish 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 an Apr '10 55 covered call (UHS DK) for a net debit in the $52.33 area. That is also the break even stock price for this trade. This covered call has a 150 day duration, provides 11.35% downside protection and a 5.10% assigned return rate for a 12.42% annualized return rate (comparison purposes only). Universal Health Services has a current annual dividend yield of 0.55%. [WBA-Seven Summits Research]
CLICK HERE: FREE Universal Health Services (UHS) Stock ReportSee what our analysts have uncovered about Universal Health Services (UHS).