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The good news: Leading Morgan Keegan analyst Laura Champine has told Yahoo! Finance she views Tempur-Pedic's share prices as a "compelling investment opportunity" after rating the company's shares via 'Outperform', which is based on valuation in relation to growth prospects.
The bad news: Tempur-Pedic's shares have continued a steady decline this week, twice hitting a 52-week low on Tuesday and Thursday.
This week's share prices demonstrate a $1.33 margin in closing prices between March 3rd and 6th, with an opening range margin of 70 cents for the same period, according to figures from Yahoo! Finance.
On Monday 3rd shares gained slightly from opening, with a high of $17.42, but the recorded low hit $16.83 before it rose again to close on $17.11.
Tuesday and Wednesday opened just one cent apart on $16.95 and $16.94 respectively, but ended with a 40 cent margin.
Tuesday's high $17.35 and record low of $15.75 resulted in a $17.08 close, while Wednesday's highs and lows were both better at $17.49 and $16.68, but shares still managed to close lower at just $16.68.
Thursday opened on the day's high of $16.69, before dropping back to the $15.75, recovering by only three cents to record a $15.78 close.
Classic Bed Company is the UK's premier bed store for ultimate comfort and luxury offering Tempur, Vi Spring, Willis and Gambier and French Sleigh beds.
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