Total (TOT) NewsBite - TOT Falls on Lower Oil
Posted: Friday, November 20, 2009 1:33 PM EDT
By: Market Intelligence Center Staff
Total (NYSE: TOT) opened at $61.62. So far today, the stock has hit a low of $61.48 and a high of $61.94. TOT is now trading at $61.60, down $1.19 (-1.9%). Over the last 52 weeks the stock has ranged from a low of $42.88 to a high of $64.65. TOT shares are receiving pressure from lower oil futures this afternoon. Technical indicators for the stock are bullish and S&P gives TOT a positive 4 STARS (out of 5) buy ranking. If you are looking for a hedged play on TOT the stock seems like it could be a candidate for a February out-of-the-money bear-call credit spread above the 70 range. [ABR-Seven Summits Strategic Investments NewsBite]
CLICK HERE: FREE Total (TOT) Stock ReportSee what our analysts have uncovered about Total (TOT).