Price Alert for Schnitzer Steel Industries Inc. (SCHN)
Posted on 07/28/2010 by Leo Goldman
NEW YORK (Market Intellisearch) -- SCHN options saw interesting call activity today. A total of 235 put and 1,271 call contracts were traded raising a low Put/Call volume alert. Today's traded Put/Call ratio is 0.18. There were 5.41 calls traded for each put contract.
Put/Call ratio is often used to measure investment sentiment, the ratio serves as a predictor of investor behavior. Unusual options volume provides reliable clues that the stock is expected to make a move.
Schnitzer Steel Industries Inc. (SCHN) closed at $47.47 in the last trading session and opened today at $47.03. SCHN is
trading at $46.28, down $1.19 (-2.51%) in today's trading session. The daily
low is $46.11 and the high is $47.93. The trading volume of 404,739 is below the
average volume of 633,842 shares. SCHN is trading above the 50 day moving
average and lower than the 200 day moving average.
The stock's 52 week low is $37.00 and 52 week high is $60.12. The stock has a P/E ratio of 22.42 and a dividend yield of 0.14%.
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