Expeditors International of Washington (EXPD) PriceWatch Alert for November 20, 2009
Posted: Friday, November 20, 2009 8:32 AM EDT
By: Market Intelligence Center Staff
Expeditors International of Washington (NasdaqNM: EXPD) closed yesterday at $32.32. 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 31.48 and resistance in the 33.38 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 $28.92 area. That is also the break even stock price for this trade. This covered call has a 92 day duration, provides 10.52% downside protection and a 3.73% assigned return rate for a 14.82% annualized return rate (comparison purposes only). Expeditors International of Washington has a current annual dividend yield of 1.14%. [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).