Stocks hitting new 52 week highs on August 26 are Sturm, Ruger & Co. Inc, Telvent Git S.A, Waste Connections Inc, New Gold, Inc, and Terra Nitrogen Company, L.P. 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 Sturm, Ruger & Co. Inc (RGR) had a total return adjusted 52 week high today of $31.71 per share and are currently trading at $31.89. The stock traded higher by 2.15% or $0.67/share to $31.89. The stock recorded a trading volume of 187180 today. This represents 2.13 times the average volume for Sturm, Ruger & Co. 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 Telvent Git S.A (TLVT) had a total return adjusted 52 week high today of $40.00 per share and are currently trading at $39.97. The stock remained unchanged at 39.97. The stock recorded a trading volume of 19665 today. This represents 0.08 times the average volume for Telvent Git S.A. Lower than average volume can mean the new high may not represent the stock's true value. Investors may want to watch out for this stock adjusting back down to its true value.
Shares of Waste Connections Inc (WCN) had a total return adjusted 52 week high today of $34.70 per share and are currently trading at $34.88. The stock traded higher by 1.12% or $0.39/share to $34.88. The stock recorded a trading volume of 745670 today. This represents 2.21 times the average volume for Waste Connections 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 New Gold, Inc (NGD) had a total return adjusted 52 week high today of $13.05 per share and are currently trading at $13.13. The stock traded higher by 2.90% or $0.37/share to $13.13. The stock recorded a trading volume of 2863493 today. This represents 1.82 times the average volume for New 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 Terra Nitrogen Company, L.P (TNH) had a total return adjusted 52 week high today of $177.50 per share and are currently trading at $178.39. The stock traded higher by 2.26% or $3.94/share to $178.39. The stock recorded a trading volume of 29918 today. This represents 0.86 times the average volume for Terra Nitrogen Company, L.P. 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.
