Sysco's most recent trend suggests a bullish bias. One trading opportunity on Sysco is a Bull Put Spread using a strike $75.00 short put and a strike $70.00 long put offers a potential 19.05% return on risk over the next 24 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $75.00 by expiration. The full premium credit of $0.80 would be kept by the premium seller. The risk of $4.20 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 Sysco 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 Sysco is bullish.
The RSI indicator is at 73.06 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Sysco
Sysco to Webcast Presentation From the Barclays Global Consumer Staples Conference
Wed, 22 Aug 2018 12:00:00 +0000
Sysco Corporation (SYY) today announced that the Company will webcast its presentation from the Barclays Global Consumer Staples Conference in Boston on Wednesday, September 5, at 11:15 a.m. ET. The live webcast for the event can be accessed at investors.sysco.com. For purposes of public disclosure, including this and future similar events, Sysco uses the investor relations portion of its website as the primary channel for publishing key information to its investors, some of which may contain material and previously non-public information.
Company News For Aug 14, 2018
Tue, 14 Aug 2018 14:32:02 +0000
Companies in the news are: VFC, SYY, HOG and LNG
Sysco (SYY) Looks Good: Stock Adds 6.2% in Session
Tue, 14 Aug 2018 12:44:12 +0000
Sysco (SYY) was a big mover last session, as the company saw its shares rise more than 6% on the day amid huge volumes.
See what the IHS Markit Score report has to say about Sysco Corp.
Tue, 14 Aug 2018 12:01:25 +0000
The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Over the last month, growth of ETFs holding SYY is favorable, with net inflows of $11.05 billion. This is among the highest net inflows seen over the last one-year and the rate of additional inflows appears to be increasing.
Today’s Research Reports on Stocks to Watch: Sysco and Netflix
Tue, 14 Aug 2018 12:00:00 +0000
NEW YORK, NY / ACCESSWIRE / August 14, 2018 / While Sysco shares soared on fourth quarter results, shares of Netflix saw a slight drop after the company’s CFO David Wells announced he would be stepping down from the company after more than 14 years at Netflix. Sysco Corporation shares closed up 6.24% on about 8 million shares traded yesterday.
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