Stocks hitting new 52 week highs on August 30 are Perrigo Co, j2 Global Communications, Inc, Advisory Board Co, Internet Initiative Japan Inc, and Nu Skin Enterprises 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 Perrigo Co (PRGO) had a total return adjusted 52 week high today of $94.54 per share and are currently trading at $96.94. The stock traded higher by 3.56% or $3.33/share to $96.94. The stock recorded a trading volume of 498839 today. This represents 1.85 times the average volume for Perrigo 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 j2 Global Communications, Inc (JCOM) had a total return adjusted 52 week high today of $31.72 per share and are currently trading at $32.50. The stock traded higher by 5.52% or $1.70/share to $32.50. The stock recorded a trading volume of 511739 today. This represents 3.79 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 Advisory Board Co (ABCO) had a total return adjusted 52 week high today of $61.05 per share and are currently trading at $62.64. The stock traded higher by 3.47% or $2.10/share to $62.64. The stock recorded a trading volume of 43157 today. This represents 1.38 times the average volume for Advisory Board Co. 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 Internet Initiative Japan Inc (IIJI) had a total return adjusted 52 week high today of $11.04 per share and are currently trading at $11.25. The stock traded higher by 1.99% or $0.22/share to $11.25. The stock recorded a trading volume of 19507 today. This represents 1.48 times the average volume for Internet Initiative Japan 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 Nu Skin Enterprises Inc (NUS) had a total return adjusted 52 week high today of $40.83 per share and are currently trading at $41.41. The stock traded higher by 3.52% or $1.41/share to $41.41. The stock recorded a trading volume of 583338 today. This represents 1.83 times the average volume for Nu Skin Enterprises 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.
