AstraZeneca (AZN) NewsBite - AZN Falls on Obama Victory
Posted: Wednesday, November 05, 2008 10:05 AM EDT
By: Market Intelligence Center Staff
AstraZeneca (NYSE: AZN) opened at $42.47. So far today, the stock has hit a low of $42.37 and a high of $42.81. AZN is now trading at $42.70, down $1.68 (-3.79%). Over the last 52 weeks the stock has ranged from a low of $34.77 to a high of $49.85. Shares of AZN are trading lower with other pharmaceutical companies this morning as analysts are speculating that a Barack Obama administration will install tougher price controls in the Medicare drug benefit, which could hurt pharmaceutical companies' balance sheets. Technical indicators for the stock are neutral and S&P gives AZN a neutral 3 STARS (out of 5) hold ranking. If you are looking for a hedged play on AZN the stock seems like it could be a candidate for a December out-of-the-money bear-call credit spread above the 50 range. [ABR-Seven Summits Strategic Investments NewsBite]
CLICK HERE: FREE AstraZeneca (AZN) Stock ReportSee what our analysts have uncovered about AstraZeneca (AZN).
More News For AstraZeneca (AZN):
Potential AstraZeneca (AZN) Trade Has $43.57 Breakeven
Thursday, February 16, 2012... AstraZeneca (NYSE:AZN) closed Wednesday's negative trading session at $45.22. In the past year, the stock has hit a 52-week low of $40.89 and 52-week......
http://www.marketintelligencecenter.com/analyfav/1335055
AstraZeneca (AZN) Down 0.3%, Sees 2x Normal Call Volume
Tuesday, February 14, 2012... AstraZeneca (NYSE: AZN) opened at $47.36. So far today, the stock has hit a low of $47.34 and a high of $47.62. AZN is now trading at $47.49, down......
http://www.marketintelligencecenter.com/newsbites/1334683
AstraZeneca (AZN) Could Fall Through $47.05 Support Level
Friday, February 10, 2012... AstraZeneca Plc (NYSE: AZN) closed Thursday's trading session at $47.49. In the past year, the stock has hit a 52-week low of $40.89 and 52-week high......
http://www.marketintelligencecenter.com/analyfav/1333803
AstraZeneca (AZN) Could Fall Through $46.79 Support Level
Friday, February 03, 2012... AstraZeneca (NYSE:AZN) closed Thursday's wandering trading session at $47.21. In the past year, the stock has hit a 52-week low of $40.89 and......
http://www.marketintelligencecenter.com/analyfav/1332325
blog comments powered by