Mead Johnson's most recent trend suggests a bullish bias. One trading opportunity on Mead Johnson is a Bull Put Spread using a strike $80.00 short put and a strike $70.00 long put offers a potential 8.46% return on risk over the next 22 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $80.00 by expiration. The full premium credit of $0.78 would be kept by the premium seller. The risk of $9.22 would be incurred if the stock dropped below the $70.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Mead Johnson is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Mead Johnson is bullish.
The RSI indicator is at 78.99 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Mead Johnson
Mead Johnson raises quarterly dividend 10% to 37.5c from 34c per share
Fri, 28 Feb 2014 22:14:31 GMT
Mead Johnson Board of Directors Increases Dividend by 10 Percent
Fri, 28 Feb 2014 22:13:00 GMT
Business Wire – Mead Johnson Nutrition Company announced today that its board of directors has declared a regular quarterly dividend of $0.375 per share for the quarter ending March 31, 2014, a 10 percent increase from the prior rate of $0.34 per share.
5:13 pm Mead Johnson Nutrition increases quarterly dividend 10% to $0.375 from $0.34 per share
Fri, 28 Feb 2014 22:13:00 GMT
MEAD JOHNSON NUTRITION CO Files SEC form 8-K, Financial Statements and Exhibits
Fri, 28 Feb 2014 15:43:29 GMT
Mead Johnson Nutrition Expands Board and Appoints Michael Grobstein as Director
Fri, 28 Feb 2014 15:15:00 GMT
Business Wire – Mead Johnson Nutrition Company announced today that it is expanding the size of its board from eleven to twelve members and appointing Michael Grobstein as its newest director.
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