Walter Industries (WLT) NewsBite - Higher Coal Boosts WLT
Sep 15, 2009 (Fresh Brewed Media via COMTEX) --
Company: Walter Industries, Inc. (WLT)
Walter Industries (NYSE: WLT) opened at $61.40. So far today, the stock has hit a low of $61.39 and a high of $63.68. WLT is now trading at $62.12, up $0.26 (0.42%). Over the last 52 weeks the stock has ranged from a low of $11.12 to a high of $70.41. WLT shares are trading higher today, helped by higher coal prices. Technical indicators for the stock are bullish and S&P does not currently have a STARS rating for WLT. If you are looking for a hedged play on WLT the stock seems like it could be a candidate for an October out-of-the-money bull-put credit spread below the 55 range.
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Company: Walter Industries, Inc. (WLT)
Related terms: coal, nyse, prices, S&P
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