Spectrum Brands Inc. SPB Stock Analysis

Spectrum Brands, Inc. stock trades under the ticker SPB & has recently shown bullishness that traders & investors should take a closer look at.

SPB stock closed at $90.62/share on 4/13/2022.

Spectrum Brands, Inc. SPB Stock’s Technicals Broken Down

Spectrum Brands Inc. SPB Stock's Technical Performance Over The Last Year

SPB Stock Price: $90.62

10 Day Moving Average: $88.52

50 Day Moving Average: $89.78

200 Day Moving Average: $90.93

RSI: 54.3

MACD: -0.404

Yesterday, SPB stock completed a bullish MACD crossover, gapping up above its 10 & 50 day moving averages, closing 1 penny shy of their 200 day MA.

Their volume in the last week has been a little bit less than average compared to the year prior.

They will need to rise above the $90.81, $91.63 & $91.74/share resistance levels.

Spectrum Brands Inc. SPB Stock As A Long-Term Investment

Long-term oriented investors will like SPB stock’s 31.55 P/E(ttm), but may find their 2.68 P/B (mrq) to be a bit higher than they like.

SPB stock reported Quarterly Revenue Growth Y-o-Y of 2.9%.

Their balance sheet will require a closer examination, with Total Cash (mrq) $204.9M & Total Debt (mrq) of $3.02B.

SPB stock pays a 1.91% dividend, and enjoys 97% of its outstanding share float being owned by institutional investors.

Spectrum Brands Inc. SPB Stock As A Short-Term Trade Using Options

Short-term oriented traders can use options to profit from price movements in SPB stock.

I am looking at the contracts with the 5/20 expiration date, which may gain open interest in the coming days, as the April contracts expire at the end of today’s trading session.

There is no open interest on the $90 calls, but there is for the $95 & $100 strike prices.

There is no open interest yet for the puts above $90 strike, but I see that changing in the coming days.

Tying It All Together

Overall, SPB stock may be appealing to investors & traders alike.

Investors will like their valuation metrics & dividend, while traders will like their current momentum.

SPB stock is worth taking a closer look at, regardless of your portfolio’s style.

*** I DO NOT OWN SHARES OF SPB STOCK AT THE TIME OF WRITING THIS ***