Stocks hitting new 52 week highs on June 17 are Casey's General Stores Inc, PNM Resources, Inc, LaBarge Inc, EnPro Industries, Inc, and Orthofix International NV. 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 Casey's General Stores Inc (CASY) had a total return adjusted 52 week high today of $44.76 per share and are currently trading at $45.06. The stock traded higher by 1.72% or $0.76/share to $45.06. The stock recorded a trading volume of 220109 today. This represents 2.1 times the average volume for Casey's General Stores 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 PNM Resources, Inc (PNM) had a total return adjusted 52 week high today of $16.57 per share and are currently trading at $16.69. The stock traded higher by 1.83% or $0.30/share to $16.69. The stock recorded a trading volume of 477698 today. This represents 2.27 times the average volume for PNM Resources, 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 LaBarge Inc (LB) had a total return adjusted 52 week high today of $19.27 per share and are currently trading at $19.23. The stock fell by 0.05% or $-0.01/share to $19.23. The stock recorded a trading volume of 65578 today. This represents 1.2 times the average volume for LaBarge 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 continue its upward trend. A pullback could be a great opportunity to get onboard.
Shares of EnPro Industries, Inc (NPO) had a total return adjusted 52 week high today of $45.87 per share and are currently trading at $45.98. The stock traded higher by 2.00% or $0.90/share to $45.98. The stock recorded a trading volume of 127815 today. This represents 1.88 times the average volume for EnPro Industries, 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 Orthofix International NV (OFIX) had a total return adjusted 52 week high today of $41.27 per share and are currently trading at $41.01. The stock traded higher by 0.61% or $0.25/share to $41.01. The stock recorded a trading volume of 232332 today. This represents 5.88 times the average volume for Orthofix International NV. 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.
