Navigate this market better. Subscribe for FREE stock alerts and information.

Monday, August 22, 2011

Reaching for the Stars: (SUSS), (RGLD), (AUQ), (GOLD), (CEF)

Stocks hitting new 52 week highs on August 22 are Susser Holdings Corporation, Royal Gold, Inc, AuRico Gold Inc. Ordinary Share, Randgold Resources Ltd, and Central Fund of Canada Limited. 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 Susser Holdings Corporation (SUSS) had a total return adjusted 52 week high today of $19.53 per share and are currently trading at $19.95. The stock traded higher by 2.84% or $0.55/share to $19.95. The stock recorded a trading volume of 50954 today. This represents 2.84 times the average volume for Susser Holdings 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 Royal Gold, Inc (RGLD) had a total return adjusted 52 week high today of $70.86 per share and are currently trading at $73.57. The stock traded higher by 5.10% or $3.57/share to $73.57. The stock recorded a trading volume of 452283 today. This represents 2.49 times the average volume for Royal 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 AuRico Gold Inc. Ordinary Share (AUQ) had a total return adjusted 52 week high today of $13.70 per share and are currently trading at $14.17. The stock traded higher by 5.59% or $0.75/share to $14.17. The stock recorded a trading volume of 831326 today. This represents 2.03 times the average volume for AuRico Gold Inc. Ordinary Share. 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 Randgold Resources Ltd (GOLD) had a total return adjusted 52 week high today of $110.07 per share and are currently trading at $111.51. The stock traded higher by 1.38% or $1.52/share to $111.51. The stock recorded a trading volume of 692601 today. This represents 3.36 times the average volume for Randgold Resources Ltd. 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 Fund of Canada Limited (CEF) had a total return adjusted 52 week high today of $25.91 per share and are currently trading at $26.27. The stock traded higher by 1.74% or $0.45/share to $26.27. The stock recorded a trading volume of 913284 today. This represents 1.63 times the average volume for Central Fund of Canada Limited. 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.