Stocks hitting new 52 week highs on June 7 are Camden Property Trust, EPIQ Systems, Inc, Taiwan Semiconductor Manufacturing Co. Ltd, American Capital Agency Corp, and FPIC Insurance 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 Camden Property Trust (CPT) had a total return 52 week high today of $64.43 per share and are currently trading at $64.79. The stock traded higher by 1.58% or $1.01/share to $64.79. The stock recorded a trading volume of 212771 today. This represents 0.95 times the average volume for Camden Property Trust. 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 EPIQ Systems, Inc (EPIQ) had a total return 52 week high today of $15.23 per share and are currently trading at $15.23. The stock traded higher by 0.53% or $0.08/share to $15.23. The stock recorded a trading volume of 185914 today. This represents 4.92 times the average volume for EPIQ Systems, 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 Taiwan Semiconductor Manufacturing Co. Ltd (TSM) had a total return 52 week high today of $13.94 per share and are currently trading at $13.95. The stock traded higher by 1.97% or $0.27/share to $13.95. The stock recorded a trading volume of 6079027 today. This represents 0.99 times the average volume for Taiwan Semiconductor Manufacturing Co. Ltd. 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 American Capital Agency Corp (AGNC) had a total return 52 week high today of $30.46 per share and are currently trading at $30.55. The stock traded higher by 0.79% or $0.24/share to $30.55. The stock recorded a trading volume of 1415053 today. This represents 0.99 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 continue its upward trend. A pullback could be a great opportunity to get onboard.
Shares of FPIC Insurance Group Inc (FPIC) had a total return 52 week high today of $41.60 per share and are currently trading at $41.40. The stock traded higher by 0.06% or $0.02/share to $41.40. The stock recorded a trading volume of 92935 today. This represents 3.16 times the average volume for FPIC Insurance 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.
