Stocks hitting new 52 week highs on July 15 are EV Energy Partners LP, Thermon Group Holdings, Inc. Co, MicroStrategy Inc, Rosetta Resources, Inc, and Glu Mobile, 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 EV Energy Partners LP (EVEP) had a total return adjusted 52 week high today of $59.99 per share and are currently trading at $61.00. The stock traded higher by 3.99% or $2.34/share to $61.00. The stock recorded a trading volume of 255419 today. This represents 2.27 times the average volume for EV Energy Partners LP. 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 Thermon Group Holdings, Inc. Co (THR) had a total return adjusted 52 week high today of $14.25 per share and are currently trading at $14.56. The stock traded higher by 2.82% or $0.40/share to $14.56. The stock recorded a trading volume of 29050 today. This represents 0.3 times the average volume for Thermon Group Holdings, Inc. Co. 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 MicroStrategy Inc (MSTR) had a total return adjusted 52 week high today of $172.00 per share and are currently trading at $169.88. The stock fell by 0.83% or $-1.42/share to $169.88. The stock recorded a trading volume of 126987 today. This represents 2.59 times the average volume for MicroStrategy 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 Rosetta Resources, Inc (ROSE) had a total return adjusted 52 week high today of $56.00 per share and are currently trading at $54.96. The stock traded higher by 5.29% or $2.76/share to $54.96. The stock recorded a trading volume of 1228174 today. This represents 3.76 times the average volume for Rosetta Resources, 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 Glu Mobile, Inc (GLUU) had a total return adjusted 52 week high today of $5.96 per share and are currently trading at $5.82. The stock fell by 1.52% or $-0.09/share to $5.82. The stock recorded a trading volume of 1745829 today. This represents 1.69 times the average volume for Glu Mobile, 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.
