Stocks hitting new 52 week highs on July 21 are InterDigital, Inc, Oncothyreon Inc, Texas Capital BancShares Inc, Alexion Pharmaceuticals, Inc, and Cohen & Steers 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 InterDigital, Inc (IDCC) had a total return adjusted 52 week high today of $70.00 per share and are currently trading at $75.25. The stock traded higher by 9.58% or $6.58/share to $75.25. The stock recorded a trading volume of 6974804 today. This represents 20.17 times the average volume for InterDigital, 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 Oncothyreon Inc (ONTY) had a total return adjusted 52 week high today of $10.61 per share and are currently trading at $10.79. The stock traded higher by 5.78% or $0.59/share to $10.79. The stock recorded a trading volume of 3403399 today. This represents 7.47 times the average volume for Oncothyreon 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 Texas Capital BancShares Inc (TCBI) had a total return adjusted 52 week high today of $27.00 per share and are currently trading at $29.09. The stock traded higher by 8.14% or $2.19/share to $29.09. The stock recorded a trading volume of 537117 today. This represents 9.02 times the average volume for Texas Capital BancShares 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 Alexion Pharmaceuticals, Inc (ALXN) had a total return adjusted 52 week high today of $53.35 per share and are currently trading at $56.73. The stock traded higher by 9.01% or $4.69/share to $56.73. The stock recorded a trading volume of 1188703 today. This represents 2.58 times the average volume for Alexion Pharmaceuticals, 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 Cohen & Steers Inc (CNS) had a total return adjusted 52 week high today of $37.04 per share and are currently trading at $39.07. The stock traded higher by 5.59% or $2.07/share to $39.07. The stock recorded a trading volume of 91468 today. This represents 2.37 times the average volume for Cohen & Steers 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.
