Stocks hitting new 52 week highs on August 15 are Motorola Mobility Holdings, Inc, Terra Nitrogen Company, L.P, Cypress Sharpridge Investments, Inc, Mistras Group, Inc, and First Cash Financial Services 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 Motorola Mobility Holdings, Inc (MMI) had a total return adjusted 52 week high today of $36.54 per share and are currently trading at $38.22. The stock traded higher by 56.19% or $13.75/share to $38.22. The stock recorded a trading volume of 64058872 today. This represents 54.08 times the average volume for Motorola Mobility Holdings, 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 Terra Nitrogen Company, L.P (TNH) had a total return adjusted 52 week high today of $172.00 per share and are currently trading at $173.34. The stock traded higher by 2.21% or $3.75/share to $173.34. The stock recorded a trading volume of 41301 today. This represents 2.18 times the average volume for Terra Nitrogen Company, L.P. 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 Cypress Sharpridge Investments, Inc (CYS) had a total return adjusted 52 week high today of $13.34 per share and are currently trading at $13.58. The stock traded higher by 2.80% or $0.37/share to $13.58. The stock recorded a trading volume of 877851 today. This represents 1.5 times the average volume for Cypress Sharpridge Investments, 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 Mistras Group, Inc (MG) had a total return adjusted 52 week high today of $19.41 per share and are currently trading at $19.23. The stock traded higher by 1.26% or $0.24/share to $19.23. The stock recorded a trading volume of 54968 today. This represents 1.68 times the average volume for Mistras Group, 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 First Cash Financial Services Inc (FCFS) had a total return adjusted 52 week high today of $47.13 per share and are currently trading at $46.92. The stock traded higher by 0.28% or $0.13/share to $46.92. The stock recorded a trading volume of 84595 today. This represents 1.18 times the average volume for First Cash Financial Services 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.
