Stocks hitting new 52 week highs on September 8 are Mastercard Incorporated, NiSource Inc, Fidelity National Financial, Inc, New Gold, Inc, and Barrick Gold Corporation. 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 Mastercard Incorporated (MA) had a total return adjusted 52 week high today of $340.40 per share and are currently trading at $344.66. The stock traded higher by 1.64% or $5.56/share to $344.66. The stock recorded a trading volume of 588543 today. This represents 1.47 times the average volume for Mastercard Incorporated. 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 NiSource Inc (NI) had a total return adjusted 52 week high today of $21.51 per share and are currently trading at $21.63. The stock traded higher by 0.93% or $0.20/share to $21.63. The stock recorded a trading volume of 817463 today. This represents 0.8 times the average volume for NiSource 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 Fidelity National Financial, Inc (FNF) had a total return adjusted 52 week high today of $17.24 per share and are currently trading at $17.33. The stock traded higher by 1.64% or $0.28/share to $17.33. The stock recorded a trading volume of 624020 today. This represents 0.83 times the average volume for Fidelity National Financial, 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 New Gold, Inc (NGD) had a total return adjusted 52 week high today of $13.91 per share and are currently trading at $13.92. The stock traded higher by 2.13% or $0.29/share to $13.92. The stock recorded a trading volume of 2091820 today. This represents 1.89 times the average volume for New Gold, 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 Barrick Gold Corporation (ABX) had a total return adjusted 52 week high today of $55.47 per share and are currently trading at $55.76. The stock traded higher by 2.36% or $1.29/share to $55.76. The stock recorded a trading volume of 4441751 today. This represents 1.73 times the average volume for Barrick Gold Corporation. 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.
