Stocks hitting new 52 week highs on September 1 are Liquidity Services, Inc, Cardtronics Inc, Akorn, Inc, PriceSmart Inc, and NVE Corp. 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 Liquidity Services, Inc (LQDT) had a total return adjusted 52 week high today of $28.58 per share and are currently trading at $30.43. The stock traded higher by 26.79% or $6.43/share to $30.43. The stock recorded a trading volume of 1220752 today. This represents 18.56 times the average volume for Liquidity 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 Cardtronics Inc (CATM) had a total return adjusted 52 week high today of $25.00 per share and are currently trading at $24.94. The stock traded higher by 0.73% or $0.18/share to $24.94. The stock recorded a trading volume of 377878 today. This represents 3.6 times the average volume for Cardtronics 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 $8.20 per share and are currently trading at $8.29. The stock traded higher by 3.11% or $0.25/share to $8.29. The stock recorded a trading volume of 719452 today. This represents 2.49 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.
Shares of PriceSmart Inc (PSMT) had a total return adjusted 52 week high today of $66.66 per share and are currently trading at $67.47. The stock traded higher by 3.07% or $2.01/share to $67.47. The stock recorded a trading volume of 159803 today. This represents 2.12 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 NVE Corp (NVEC) had a total return adjusted 52 week high today of $66.49 per share and are currently trading at $66.99. The stock traded higher by 1.41% or $0.93/share to $66.99. The stock recorded a trading volume of 18058 today. This represents 1.49 times the average volume for NVE 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.
