Rochester, NY 8/17/2009 11:17:54 PM
Sanofi-Aventis SNY - Sanofi Aventis Announces its Substantially Market Trade with 6.77%
Sanofi-Aventis SNY
Sanofi Aventis release its earnings of $32.52 at closed market. It was hit the stocks of a 52-week low of $23.95 and 52-week high of $36.91. The company has showing support around 31.95 and resistance in the 33.09 range. A technical indicators appears that the company’s stock was continues to get better performance.
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Sanofi Aventis show on the Investors Observer Analysts Favorites list. For a hedged play on this stock, look at a Dec '09 32.50 covered calls (SNY LZ) for a net debit in the $30.32 area. That is also the break even stock price for this trade.
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