Stocks hitting new 52 week highs on September 16 are Cash America International, Inc, Equity LifeStyle Properties, Inc, Public Service Enterprise Group Inc, O'Reilly Automotive Inc, and 99. 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 Cash America International, Inc (CSH) had a total return adjusted 52 week high today of $60.68 per share and are currently trading at $60.02. The stock fell by 1.01% or $-0.61/share to $60.02. The stock recorded a trading volume of 208466 today. This represents 1.83 times the average volume for Cash America International, 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 Equity LifeStyle Properties, Inc (ELS) had a total return adjusted 52 week high today of $71.39 per share and are currently trading at $71.80. The stock traded higher by 0.90% or $0.64/share to $71.80. The stock recorded a trading volume of 181201 today. This represents 1.49 times the average volume for Equity LifeStyle Properties, 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 Public Service Enterprise Group Inc (PEG) had a total return adjusted 52 week high today of $34.10 per share and are currently trading at $34.51. The stock traded higher by 1.35% or $0.46/share to $34.51. The stock recorded a trading volume of 1661301 today. This represents 1.39 times the average volume for Public Service Enterprise Group 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 O'Reilly Automotive Inc (ORLY) had a total return adjusted 52 week high today of $70.82 per share and are currently trading at $71.44. The stock traded higher by 1.15% or $0.81/share to $71.44. The stock recorded a trading volume of 869478 today. This represents 1.37 times the average volume for O'Reilly Automotive 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 99 (NDN) had a total return adjusted 52 week high today of $20.75 per share and are currently trading at $20.41. The stock traded higher by 9.14% or $1.71/share to $20.41. The stock recorded a trading volume of 1359350 today. This represents 5.21 times the average volume for 99. 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.
