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Tuesday, September 13, 2011

At Their 52 Week Highs: (WPRT), (GMCR), (PSMT), (VGZ), (EDR)

Stocks hitting new 52 week highs on September 13 are Westport Innovations Inc, Green Mountain Coffee Roasters Inc, PriceSmart Inc, Vista Gold Corp, and Education Realty Trust Inc. 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 Westport Innovations Inc (WPRT) had a total return adjusted 52 week high today of $28.99 per share and are currently trading at $30.50. The stock traded higher by 10.18% or $2.82/share to $30.50. The stock recorded a trading volume of 1762937 today. This represents 3.63 times the average volume for Westport Innovations 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 Green Mountain Coffee Roasters Inc (GMCR) had a total return adjusted 52 week high today of $111.42 per share and are currently trading at $110.85. The stock traded higher by 0.81% or $0.89/share to $110.85. The stock recorded a trading volume of 2701460 today. This represents 1.99 times the average volume for Green Mountain Coffee Roasters 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 $68.05 per share and are currently trading at $68.74. The stock traded higher by 1.37% or $0.93/share to $68.74. The stock recorded a trading volume of 177401 today. This represents 1.31 times the average volume for PriceSmart 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 Vista Gold Corp (VGZ) had a total return adjusted 52 week high today of $4.46 per share and are currently trading at $4.31. The stock fell by 2.27% or $-0.10/share to $4.31. The stock recorded a trading volume of 862577 today. This represents 2.29 times the average volume for Vista Gold Corp. 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 Education Realty Trust Inc (EDR) had a total return adjusted 52 week high today of $9.24 per share and are currently trading at $9.29. The stock traded higher by 1.09% or $0.10/share to $9.29. The stock recorded a trading volume of 1764333 today. This represents 4.81 times the average volume for Education Realty Trust 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.