Stocks hitting new 52 week highs on July 5 are Immucor Inc, Freescale Semiconductor Inc, SodaStream International Ltd, Basic Energy Services, Inc, and Jazz 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 Immucor Inc (BLUD) had a total return adjusted 52 week high today of $21.95 per share and are currently trading at $27.00. The stock traded higher by 30.25% or $6.27/share to $27.00. The stock recorded a trading volume of 19083828 today. This represents 97.06 times the average volume for Immucor 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 Freescale Semiconductor Inc (FSL) had a total return adjusted 52 week high today of $19.90 per share and are currently trading at $20.04. The stock traded higher by 1.47% or $0.29/share to $20.04. The stock recorded a trading volume of 734616 today. This represents 0.74 times the average volume for Freescale Semiconductor Inc. This is considered normal volume for the stock which means the new high is most likely caused by a steady uptrend. Expect the stock to continue its upward trend. A pullback could be a great opportunity to get onboard.
Shares of SodaStream International Ltd (SODA) had a total return adjusted 52 week high today of $68.66 per share and are currently trading at $67.47. The stock fell by 1.03% or $-0.70/share to $67.47. The stock recorded a trading volume of 986401 today. This represents 2.11 times the average volume for SodaStream International Ltd. 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 Basic Energy Services, Inc (BAS) had a total return adjusted 52 week high today of $32.82 per share and are currently trading at $34.15. The stock traded higher by 5.08% or $1.65/share to $34.15. The stock recorded a trading volume of 539001 today. This represents 1.6 times the average volume for Basic Energy Services, 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 Jazz Pharmaceuticals, Inc (JAZZ) had a total return adjusted 52 week high today of $34.97 per share and are currently trading at $36.02. The stock traded higher by 3.51% or $1.22/share to $36.02. The stock recorded a trading volume of 638665 today. This represents 1.94 times the average volume for Jazz 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.
