Unum Group (UNM) NewsBite - UNM Hits 52-Week Low

Thu. October 09, 2008; Posted: 03:45 PM

Oct 09, 2008 (Fresh Brewed Media via COMTEX) -- UNM | Quote | Chart | News | PowerRating -- Unum Group (NYSE: UNM | Quote | Chart | News | PowerRating) hit a new 52-Week low of $16.14 so far today. Currently the stock is down $4.74 (-22.58%) to $16.26 on 8,474,186 shares traded. Today's low is down $11.24 from a 52-Week high of $27.50. Unum Group stock has been showing support around $18.06 and resistance in the $24.92 range. Technical indicators for the stock are neutral and S&P gives UNM a neutral 3 STARS (out of 5) hold ranking. If you are looking for a hedged play on UNM the stock seems like it could be a candidate for an October out-of-the-money bear-call credit spread above the 20 range.

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For full details on Unum Group (UNM) click here. Unum Group (UNM) has Short Term PowerRatings of 4. Details on Unum Group (UNM) Short Term PowerRatings is available at This Link.

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