Stocks hitting new 52 week highs on September 20 are Rex Energy Corporation, Richmont Mines Inc, Jazz Pharmaceuticals, Inc, Westport Innovations Inc, and Newmont Mining 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 Rex Energy Corporation (REXX) had a total return adjusted 52 week high today of $14.33 per share and are currently trading at $15.14. The stock traded higher by 11.73% or $1.59/share to $15.14. The stock recorded a trading volume of 2521796 today. This represents 5.66 times the average volume for Rex Energy 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.
Shares of Richmont Mines Inc (RIC) had a total return adjusted 52 week high today of $12.58 per share and are currently trading at $13.15. The stock traded higher by 5.96% or $0.74/share to $13.15. The stock recorded a trading volume of 542037 today. This represents 2.3 times the average volume for Richmont Mines 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 $45.00 per share and are currently trading at $46.56. The stock traded higher by 6.45% or $2.82/share to $46.56. The stock recorded a trading volume of 1930316 today. This represents 4.62 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 Westport Innovations Inc (WPRT) had a total return adjusted 52 week high today of $32.69 per share and are currently trading at $32.78. The stock traded higher by 0.80% or $0.26/share to $32.78. The stock recorded a trading volume of 942948 today. This represents 1.79 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 Newmont Mining Corp (NEM) had a total return adjusted 52 week high today of $67.38 per share and are currently trading at $69.85. The stock traded higher by 5.39% or $3.57/share to $69.85. The stock recorded a trading volume of 8074454 today. This represents 2.12 times the average volume for Newmont Mining 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.
