Stocks hitting new 52 week highs on June 2 are Beckman Coulter Inc., Elan Corp. plc, Varian Semiconductor Equipment Associates Inc., American Capital Agency Corp., and DeVry, Inc.Investors are buying the stock and pushing it higher because they may think that these stocks were undervalued. This could be a result of higher than expected earnings, overall market growth, or simply investor speculation.
Shares of Beckman Coulter Inc. (BEC) had a 52 week high today of 83.29167083291671 a share and are currently trading at 83.3. The stock traded higher by 0.04% or $83.27/share to 83.3The stock recorded a trading volume of 273853 today.This represents 0.96 times the average volume for Beckman Coulter Inc..This is considered normal volume for the stock which means the new high is most likely caused by a steady uptrend. Expect the stock to follow the trend and continue going higher until something drastic affects the direction of the stock.
Shares of Elan Corp. plc (ELN) had a 52 week high today of 9.739866908650937 a share and are currently trading at 9.66. The stock traded higher by 1.05% or $9.56/share to 9.66The stock recorded a trading volume of 1359141 today.This represents 1.19 times the average volume for Elan Corp. plc.This is considered normal volume for the stock which means the new high is most likely caused by a steady uptrend. Expect the stock to follow the trend and continue going higher until something drastic affects the direction of the stock.
Shares of Varian Semiconductor Equipment Associates Inc. (VSEA) had a 52 week high today of 61.55153453963811 a share and are currently trading at 61.57. The stock traded higher by 0.24% or $61.42/share to 61.57The stock recorded a trading volume of 2187709 today.This represents 2.73 times the average volume for Varian Semiconductor Equipment Associates Inc..Higher than average volume can sometimes signal a technical breakout or perhaps that new information was released about the company. Volume is often used as a lie detector and high volume gives validity to the price move. Stay tuned for more updates on the company and investors may want to look for this momentum to continue.
Shares of American Capital Agency Corp. (AGNC) had a 52 week high today of 30.381266886820775 a share and are currently trading at 30.36. The stock traded higher by 0.43% or $30.23/share to 30.36The stock recorded a trading volume of 1003079 today.This represents 0.88 times the average volume for American Capital Agency Corp..This is considered normal volume for the stock which means the new high is most likely caused by a steady uptrend. Expect the stock to follow the trend and continue going higher until something drastic affects the direction of the stock.
Shares of DeVry, Inc. (DV) had a 52 week high today of 59.36792359948803 a share and are currently trading at 60.3. The stock traded higher by 11.69% or $53.99/share to 60.3The stock recorded a trading volume of 2782591 today.This represents 13.39 times the average volume for DeVry, Inc..Higher than average volume can sometimes signal a technical breakout or perhaps that new information was released about the company. Volume is often used as a lie detector and high volume gives validity to the price move. Stay tuned for more updates on the company and investors may want to look for this momentum to continue.
