Stocks hitting new 52 week highs on July 5 are Valhi, Inc, El Paso Electric Co, EZCORP Inc, Grupo Aeroportuario Centro Norte, S.A. de C.V, and GT Solar International, 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 Valhi, Inc (VHI) had a total return adjusted 52 week high today of $50.21 per share and are currently trading at $52.09. The stock traded higher by 4.33% or $2.16/share to $52.09. The stock recorded a trading volume of 41519 today. This represents 2.89 times the average volume for Valhi, 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 El Paso Electric Co (EE) had a total return adjusted 52 week high today of $32.70 per share and are currently trading at $33.70. The stock traded higher by 3.44% or $1.12/share to $33.70. The stock recorded a trading volume of 313619 today. This represents 3.06 times the average volume for El Paso Electric Co. 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 EZCORP Inc (EZPW) had a total return adjusted 52 week high today of $35.98 per share and are currently trading at $37.47. The stock traded higher by 4.58% or $1.64/share to $37.47. The stock recorded a trading volume of 382482 today. This represents 2.35 times the average volume for EZCORP 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 Grupo Aeroportuario Centro Norte, S.A. de C.V (OMAB) had a total return adjusted 52 week high today of $18.27 per share and are currently trading at $18.96. The stock traded higher by 6.28% or $1.12/share to $18.96. The stock recorded a trading volume of 15271 today. This represents 1.53 times the average volume for Grupo Aeroportuario Centro Norte, S.A. de C.V. 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 GT Solar International, Inc (SOLR) had a total return adjusted 52 week high today of $16.40 per share and are currently trading at $16.88. The stock traded higher by 4.33% or $0.70/share to $16.88. The stock recorded a trading volume of 1950474 today. This represents 1.05 times the average volume for GT Solar International, 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.
