Stocks hitting new 52 week highs on July 5 are Sapient Corp, Twin Disc Inc, CROCS Inc, Endeavour International Corporation, and Marathon Oil Corporation. 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 Sapient Corp (SAPE) had a total return adjusted 52 week high today of $15.49 per share and are currently trading at $15.89. The stock traded higher by 4.30% or $0.66/share to $15.89. The stock recorded a trading volume of 917868 today. This represents 1.71 times the average volume for Sapient Corp. 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 Twin Disc Inc (TWIN) had a total return adjusted 52 week high today of $40.13 per share and are currently trading at $41.17. The stock traded higher by 3.05% or $1.22/share to $41.17. The stock recorded a trading volume of 37042 today. This represents 1.08 times the average volume for Twin Disc 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 CROCS Inc (CROX) had a total return adjusted 52 week high today of $26.61 per share and are currently trading at $27.28. The stock traded higher by 2.87% or $0.76/share to $27.28. The stock recorded a trading volume of 1050348 today. This represents 1.13 times the average volume for CROCS 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 Endeavour International Corporation (END) had a total return adjusted 52 week high today of $15.30 per share and are currently trading at $15.78. The stock traded higher by 3.41% or $0.52/share to $15.78. The stock recorded a trading volume of 103888 today. This represents 0.75 times the average volume for Endeavour International Corporation. 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 Marathon Oil Corporation (MRO) had a total return adjusted 52 week high today of $33.28 per share and are currently trading at $34.23. The stock traded higher by 3.88% or $1.28/share to $34.23. The stock recorded a trading volume of 8045435 today. This represents 2.7 times the average volume for Marathon Oil Corporation. 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.
