Stocks hitting new 52 week highs on July 11 are Arch Chemicals Inc, 8x8 Inc, Advance America, Cash Advance Centers Inc, Revlon, Inc, and Ariad Pharmaceuticals 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 Arch Chemicals Inc (ARJ) had a total return adjusted 52 week high today of $42.89 per share and are currently trading at $46.87. The stock traded higher by 11.13% or $4.69/share to $46.87. The stock recorded a trading volume of 5454656 today. This represents 88.36 times the average volume for Arch Chemicals 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 8x8 Inc (EGHT) had a total return adjusted 52 week high today of $5.25 per share and are currently trading at $5.16. The stock fell by 0.96% or $-0.05/share to $5.16. The stock recorded a trading volume of 1023021 today. This represents 2.67 times the average volume for 8x8 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 Advance America, Cash Advance Centers Inc (AEA) had a total return adjusted 52 week high today of $8.05 per share and are currently trading at $8.20. The stock traded higher by 2.13% or $0.17/share to $8.20. The stock recorded a trading volume of 416900 today. This represents 3.78 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 Revlon, Inc (REV) had a total return adjusted 52 week high today of $18.82 per share and are currently trading at $18.43. The stock fell by 1.65% or $-0.31/share to $18.43. The stock recorded a trading volume of 110797 today. This represents 3.59 times the average volume for Revlon, 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 Ariad Pharmaceuticals Inc (ARIA) had a total return adjusted 52 week high today of $12.18 per share and are currently trading at $12.10. The stock fell by 0.49% or $-0.06/share to $12.10. The stock recorded a trading volume of 1379106 today. This represents 1.42 times the average volume for Ariad 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.
