Trading Update for POZEN
Posted on 04/21/2010 by Leo Goldman (leo.goldman@marketintellisearch.com)
NEW YORK (Market Intellisearch) -- POZN options saw interesting call activity today. A total of 482 put and 2,666 call contracts were traded raising a low Put/Call volume alert. Today's traded Put/Call ratio is 0.18. There were 5.53 calls traded for each put contract.
Put/Call ratio is often used to measure investor sentiment, the ratio serves as a predictor of investor behavior. A high Put/Call ratio suggests that the investor sentiment is bearish and that investors expect the underlying stock to decrease in value. In contrast, a low Put/Call ratio suggests that the investor sentiment is bullish and that the underlying stock is expected to increase in value. Unusual volume provides reliable clues that the stock is expected to make a move.
Shares of POZN closed at $10.30 in the previous trading session and opened today at $10.30. POZEN settled the day up $0.49 to $10.79 in the trading session. The day's trading range is between $10.20 and $10.97 respectively. On the volume side, 855,742 shares were traded which is greater than the average volume of 254,613 shares. POZN is trading above the 50 day moving average and higher than the 200 day moving average. The stock's 52 week low is $5.16 and 52 week high is $11.66.
