Stocks hitting new 52 week highs on September 14 are Ladenburg Thalmann Financial Services Inc, CVR Partners, LP Common Units r, Mead Johnson Nutrition Company, PriceSmart Inc, and Telvent Git S.A. 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 Ladenburg Thalmann Financial Services Inc (LTS) had a total return adjusted 52 week high today of $1.74 per share and are currently trading at $1.82. The stock traded higher by 7.06% or $0.12/share to $1.82. The stock recorded a trading volume of 238893 today. This represents 1.3 times the average volume for Ladenburg Thalmann Financial Services Inc. 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 CVR Partners, LP Common Units r (UAN) had a total return adjusted 52 week high today of $26.73 per share and are currently trading at $27.38. The stock traded higher by 3.91% or $1.03/share to $27.38. The stock recorded a trading volume of 723681 today. This represents 4.28 times the average volume for CVR Partners, LP Common Units r. 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 Mead Johnson Nutrition Company (MJN) had a total return adjusted 52 week high today of $72.86 per share and are currently trading at $75.28. The stock traded higher by 3.81% or $2.76/share to $75.28. The stock recorded a trading volume of 1231012 today. This represents 1.8 times the average volume for Mead Johnson Nutrition Company. 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 $69.76 per share and are currently trading at $71.89. The stock traded higher by 3.08% or $2.15/share to $71.89. The stock recorded a trading volume of 212412 today. This represents 1.72 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 Telvent Git S.A (TLVT) had a total return adjusted 52 week high today of $42.90 per share and are currently trading at $43.70. The stock traded higher by 2.08% or $0.89/share to $43.70. The stock recorded a trading volume of 20350 today. This represents 0.15 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.
