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Friday, June 17, 2011

Making New Highs: (CALP), (IPAR), (TDC), (NOC), (HURN)

Stocks hitting new 52 week highs on June 17 are Caliper Life Sciences, Inc, Inter Parfums Inc, Teradata Corporation, Northrop Grumman Corporation, and Huron Consulting Group 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 Caliper Life Sciences, Inc (CALP) had a total return adjusted 52 week high today of $7.73 per share and are currently trading at $7.76. The stock traded higher by 2.78% or $0.21/share to $7.76. The stock recorded a trading volume of 316739 today. This represents 4.39 times the average volume for Caliper Life Sciences, 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 Inter Parfums Inc (IPAR) had a total return adjusted 52 week high today of $23.25 per share and are currently trading at $22.93. The stock fell by 0.30% or $-0.07/share to $22.93. The stock recorded a trading volume of 68985 today. This represents 1.48 times the average volume for Inter Parfums 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 Teradata Corporation (TDC) had a total return adjusted 52 week high today of $56.58 per share and are currently trading at $56.50. The stock traded higher by 2.67% or $1.47/share to $56.50. The stock recorded a trading volume of 1108162 today. This represents 2.24 times the average volume for Teradata Corporation. 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 Northrop Grumman Corporation (NOC) had a total return adjusted 52 week high today of $65.49 per share and are currently trading at $65.25. The stock traded higher by 0.82% or $0.53/share to $65.25. The stock recorded a trading volume of 818501 today. This represents 1.18 times the average volume for Northrop Grumman Corporation. 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 Huron Consulting Group Inc (HURN) had a total return adjusted 52 week high today of $30.35 per share and are currently trading at $30.44. The stock traded higher by 1.16% or $0.35/share to $30.44. The stock recorded a trading volume of 79011 today. This represents 2.94 times the average volume for Huron Consulting Group 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.