Stocks hitting new 52 week highs on June 13 are EMS Technologies Inc, Graham Packaging Company, Inc, CVR Partners, LP Common Units r, Internet Initiative Japan Inc, and Forest Laboratories 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 EMS Technologies Inc (ELMG) had a total return adjusted 52 week high today of $26.70 per share and are currently trading at $32.87. The stock traded higher by 32.52% or $8.07/share to $32.87. The stock recorded a trading volume of 3934626 today. This represents 106.9 times the average volume for EMS Technologies 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 Graham Packaging Company, Inc (GRM) had a total return adjusted 52 week high today of $23.25 per share and are currently trading at $25.89. The stock traded higher by 17.95% or $3.94/share to $25.89. The stock recorded a trading volume of 5533249 today. This represents 21.48 times the average volume for Graham Packaging Company, 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 CVR Partners, LP Common Units r (UAN) had a total return adjusted 52 week high today of $21.22 per share and are currently trading at $21.97. The stock traded higher by 3.52% or $0.75/share to $21.97. The stock recorded a trading volume of 465561 today. This represents 1.19 times the average volume for CVR Partners, LP Common Units r. 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 Internet Initiative Japan Inc (IIJI) had a total return adjusted 52 week high today of $9.50 per share and are currently trading at $9.73. The stock traded higher by 4.29% or $0.40/share to $9.73. The stock recorded a trading volume of 28087 today. This represents 1.9 times the average volume for Internet Initiative Japan 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 Forest Laboratories Inc (FRX) had a total return adjusted 52 week high today of $38.00 per share and are currently trading at $38.65. The stock traded higher by 1.84% or $0.70/share to $38.65. The stock recorded a trading volume of 3397182 today. This represents 2.4 times the average volume for Forest Laboratories 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.
