|Day Low/High||11.27 / 11.32|
|52 Wk Low/High||4.42 / 11.45|
Coastal Contacts (COA) soared to an all-time high of $11.34 as of 12:40 p.m. on Thursday after the online retailer of contact lenses and eyeglasses announced that Essilor International would acquire it for approximately CAD$430 million. Essilor, a Paris-based company that produces ophthalmic lenses and other ophthalmic optical equipment, will buy all issued and outstanding common shares of Coastal Contacts for CAD$12.45 a share.
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Coastal Contacts (Nasdaq:COA) has been upgraded by TheStreet Ratings from a sell to hold.
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which measures momentum on a scale of zero to 100.