Stocks hitting new 52 week highs on August 30 are Sturm, Ruger & Co. Inc, PriceSmart Inc, Monro Muffler Brake Inc, Dollar General Corporation, 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 $34.12 per share and are currently trading at $35.75. The stock traded higher by 4.81% or $1.64/share to $35.75. The stock recorded a trading volume of 264949 today. This represents 3.18 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 PriceSmart Inc (PSMT) had a total return adjusted 52 week high today of $62.02 per share and are currently trading at $64.08. The stock traded higher by 3.69% or $2.28/share to $64.08. The stock recorded a trading volume of 167048 today. This represents 1.64 times the average volume for PriceSmart 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 Monro Muffler Brake Inc (MNRO) had a total return adjusted 52 week high today of $39.95 per share and are currently trading at $41.06. The stock traded higher by 4.21% or $1.66/share to $41.06. The stock recorded a trading volume of 450926 today. This represents 3.36 times the average volume for Monro Muffler Brake 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 Dollar General Corporation (DG) had a total return adjusted 52 week high today of $35.09 per share and are currently trading at $35.96. The stock traded higher by 6.42% or $2.17/share to $35.96. The stock recorded a trading volume of 2586937 today. This represents 3.6 times the average volume for Dollar General 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.
Shares of Terra Nitrogen Company, L.P (TNH) had a total return adjusted 52 week high today of $189.30 per share and are currently trading at $195.51. The stock traded higher by 3.71% or $6.99/share to $195.51. The stock recorded a trading volume of 83052 today. This represents 2.6 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.
