|Day Low/High||11.10 / 11.60|
|52 Wk Low/High||6.59 / 12.93|
Half of Parents Who Own Homes Struggling to Save for the Future
Feelings of financial security dip at the start of the New Year
Unexpected Expenses: Expert Says It's Not If, But When
In recent trading, shares of Bankrate Inc have crossed above the average analyst 12-month target price of $10.12, changing hands for $10.35/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level.
Most Workers Would Choose Higher Pay Over More Vacation Time
Nearly 4-in-10 think their finances won't be affected
Younger Millennials Are Most Likely to Shop on Black Friday and Cyber Monday
Americans' Feelings of Financial Security Reach Record High
Just 27% of Americans Prefer to Receive Gift Cards, Yet 50% of Americans Plan to Give Them
Bankrate (RATE) late yesterday reported stronger-than-expected results for the 2016 third quarter and hiked its revenue guidance for 2016.
Investors considering a purchase of Bankrate Inc stock, but cautious about paying the going market price of $7.35/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the June 2017 put at the $5 strike, which has a bid at the time of this writing of 25 cents.