Stocks hitting new 52 week highs on June 6 are Complete Genomics, Inc, Internet Initiative Japan Inc, Sequenom Inc, Phoenix New Media Limited Ameri, and GTX 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 Complete Genomics, Inc (GNOM) had a 52 week high today of $17.72 per share and are currently trading at $17.21. The stock traded higher by 0.58% or $0.10/share to $17.21. The stock recorded a trading volume of 181407 today. This represents 1.67 times the average volume for Complete Genomics, 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 Internet Initiative Japan Inc (IIJI) had a 52 week high today of $9.04 per share and are currently trading at $9.20. The stock traded higher by 4.19% or $0.37/share to $9.20. The stock recorded a trading volume of 18450 today. This represents 1.43 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 Sequenom Inc (SQNM) had a 52 week high today of $8.46 per share and are currently trading at $8.59. The stock traded higher by 3.74% or $0.31/share to $8.59. The stock recorded a trading volume of 2277384 today. This represents 2.62 times the average volume for Sequenom 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 Phoenix New Media Limited Ameri (FENG) had a 52 week high today of $13.68 per share and are currently trading at $13.15. The stock fell by 1.14% or $-0.15/share to $13.15. The stock recorded a trading volume of 49726 today. This represents 0.43 times the average volume for Phoenix New Media Limited Ameri. Lower than average volume can mean the new high may not represent the stock's true value. Investors may want to watch out for this stock adjusting back down to its true value.
Shares of GTX Inc (GTXI) had a 52 week high today of $6.26 per share and are currently trading at $6.27. The stock traded higher by 6.45% or $0.38/share to $6.27. The stock recorded a trading volume of 182643 today. This represents 1.58 times the average volume for GTX 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.
