Stocks hitting new 52 week highs on September 7 are First Cash Financial Services Inc, Thermon Group Holdings, Inc. Co, Alexion Pharmaceuticals, Inc, Jazz Pharmaceuticals, Inc, and Akorn, 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 First Cash Financial Services Inc (FCFS) had a total return adjusted 52 week high today of $48.30 per share and are currently trading at $48.24. The stock traded higher by 0.06% or $0.03/share to $48.24. The stock recorded a trading volume of 208538 today. This represents 2.16 times the average volume for First Cash Financial Services 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 Thermon Group Holdings, Inc. Co (THR) had a total return adjusted 52 week high today of $15.94 per share and are currently trading at $16.01. The stock traded higher by 1.65% or $0.26/share to $16.01. The stock recorded a trading volume of 27393 today. This represents 0.59 times the average volume for Thermon Group Holdings, Inc. Co. 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.
Shares of Alexion Pharmaceuticals, Inc (ALXN) had a total return adjusted 52 week high today of $60.09 per share and are currently trading at $59.61. The stock fell by 0.38% or $-0.23/share to $59.61. The stock recorded a trading volume of 713619 today. This represents 1.6 times the average volume for Alexion Pharmaceuticals, 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 Jazz Pharmaceuticals, Inc (JAZZ) had a total return adjusted 52 week high today of $44.05 per share and are currently trading at $43.09. The stock traded higher by 3.41% or $1.42/share to $43.09. The stock recorded a trading volume of 459325 today. This represents 1.85 times the average volume for Jazz Pharmaceuticals, 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 Akorn, Inc (AKRX) had a total return adjusted 52 week high today of $8.39 per share and are currently trading at $8.32. The stock traded higher by 3.23% or $0.26/share to $8.32. The stock recorded a trading volume of 421869 today. This represents 1.42 times the average volume for Akorn, 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.
