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Wednesday, August 3, 2011

Making New Highs: (EE), (GTU), (LQDT), (AUY), (MA)

Stocks hitting new 52 week highs on August 3 are El Paso Electric Co, Central GoldTrust, Liquidity Services, Inc, Yamana Gold, Inc, and Mastercard Incorporated. 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 El Paso Electric Co (EE) had a total return adjusted 52 week high today of $34.37 per share and are currently trading at $34.47. The stock traded higher by 0.91% or $0.31/share to $34.47. The stock recorded a trading volume of 230209 today. This represents 2.2 times the average volume for El Paso Electric 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 Central GoldTrust (GTU) had a total return adjusted 52 week high today of $64.34 per share and are currently trading at $65.20. The stock traded higher by 1.40% or $0.90/share to $65.20. The stock recorded a trading volume of 116843 today. This represents 4.35 times the average volume for Central GoldTrust. 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 Liquidity Services, Inc (LQDT) had a total return adjusted 52 week high today of $28.09 per share and are currently trading at $28.22. The stock traded higher by 2.66% or $0.73/share to $28.22. The stock recorded a trading volume of 150146 today. This represents 2.3 times the average volume for Liquidity Services, 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 Yamana Gold, Inc (AUY) had a total return adjusted 52 week high today of $13.69 per share and are currently trading at $13.67. The stock traded higher by 1.41% or $0.19/share to $13.67. The stock recorded a trading volume of 6629457 today. This represents 2.27 times the average volume for Yamana 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 Mastercard Incorporated (MA) had a total return adjusted 52 week high today of $322.29 per share and are currently trading at $325.84. The stock traded higher by 9.16% or $27.34/share to $325.84. The stock recorded a trading volume of 2496843 today. This represents 6.89 times the average volume for Mastercard Incorporated. 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.