Stocks hitting new 52 week highs on July 13 are Taomee Holdings Ltd. American D, Extorre Gold Mines Ltd. Ordinar, Advance America, Cash Advance Centers Inc, Royal Gold, Inc, and TeleNav, 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 Taomee Holdings Ltd. American D (TAOM) had a total return adjusted 52 week high today of $11.34 per share and are currently trading at $12.50. The stock traded higher by 16.93% or $1.81/share to $12.50. The stock recorded a trading volume of 709766 today. This represents 5.22 times the average volume for Taomee Holdings Ltd. American D. 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 Extorre Gold Mines Ltd. Ordinar (XG) had a total return adjusted 52 week high today of $14.67 per share and are currently trading at $15.39. The stock traded higher by 6.14% or $0.89/share to $15.39. The stock recorded a trading volume of 247109 today. This represents 2.8 times the average volume for Extorre Gold Mines Ltd. Ordinar. 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 Advance America, Cash Advance Centers Inc (AEA) had a total return adjusted 52 week high today of $8.73 per share and are currently trading at $9.10. The stock traded higher by 5.45% or $0.47/share to $9.10. The stock recorded a trading volume of 827788 today. This represents 6.56 times the average volume for Advance America, Cash Advance Centers 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 Royal Gold, Inc (RGLD) had a total return adjusted 52 week high today of $62.64 per share and are currently trading at $64.86. The stock traded higher by 3.63% or $2.27/share to $64.86. The stock recorded a trading volume of 376639 today. This represents 1.76 times the average volume for Royal Gold, 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 TeleNav, Inc (TNAV) had a total return adjusted 52 week high today of $20.76 per share and are currently trading at $20.93. The stock traded higher by 5.55% or $1.10/share to $20.93. The stock recorded a trading volume of 248053 today. This represents 2.44 times the average volume for TeleNav, 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.
