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Wednesday, August 3, 2011

Higher They Go: (CLH), (EM), (RGLD), (JCOM), (ROG)

Stocks hitting new 52 week highs on August 3 are Clean Harbors, Inc, Emdeon Inc, Royal Gold, Inc, j2 Global Communications, Inc, and Rogers 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 Clean Harbors, Inc (CLH) had a total return adjusted 52 week high today of $57.04 per share and are currently trading at $57.28. The stock traded higher by 10.90% or $5.63/share to $57.28. The stock recorded a trading volume of 1040549 today. This represents 8.14 times the average volume for Clean Harbors, 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 Emdeon Inc (EM) had a total return adjusted 52 week high today of $16.83 per share and are currently trading at $15.80. The stock traded higher by 5.40% or $0.81/share to $15.80. The stock recorded a trading volume of 575611 today. This represents 11.15 times the average volume for Emdeon 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 Royal Gold, Inc (RGLD) had a total return adjusted 52 week high today of $68.10 per share and are currently trading at $70.05. The stock traded higher by 3.46% or $2.34/share to $70.05. The stock recorded a trading volume of 658365 today. This represents 3.3 times the average volume for Royal Gold, 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 j2 Global Communications, Inc (JCOM) had a total return adjusted 52 week high today of $30.96 per share and are currently trading at $30.85. The stock traded higher by 18.75% or $4.87/share to $30.85. The stock recorded a trading volume of 1063413 today. This represents 14.36 times the average volume for j2 Global Communications, 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 Rogers Corporation (ROG) had a total return adjusted 52 week high today of $51.00 per share and are currently trading at $52.00. The stock traded higher by 2.18% or $1.11/share to $52.00. The stock recorded a trading volume of 85461 today. This represents 3.2 times the average volume for Rogers 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.