Stocks hitting new 52 week highs on September 16 are Amazon.com Inc, Midway Gold Corp, AutoZone Inc, Hansen Natural Corporation, and Nu Skin Enterprises 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 Amazon.com Inc (AMZN) had a total return adjusted 52 week high today of $227.45 per share and are currently trading at $232.98. The stock traded higher by 2.73% or $6.19/share to $232.98. The stock recorded a trading volume of 4220164 today. This represents 2.18 times the average volume for Amazon.com 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 Midway Gold Corp (MDW) had a total return adjusted 52 week high today of $2.97 per share and are currently trading at $2.95. The stock traded higher by 2.08% or $0.06/share to $2.95. The stock recorded a trading volume of 762224 today. This represents 2.22 times the average volume for Midway Gold 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.
Shares of AutoZone Inc (AZO) had a total return adjusted 52 week high today of $326.99 per share and are currently trading at $332.52. The stock traded higher by 2.07% or $6.74/share to $332.52. The stock recorded a trading volume of 267465 today. This represents 1.93 times the average volume for AutoZone 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 Hansen Natural Corporation (HANS) had a total return adjusted 52 week high today of $90.24 per share and are currently trading at $91.21. The stock traded higher by 3.71% or $3.26/share to $91.21. The stock recorded a trading volume of 797822 today. This represents 1.77 times the average volume for Hansen Natural 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 Nu Skin Enterprises Inc (NUS) had a total return adjusted 52 week high today of $43.99 per share and are currently trading at $44.43. The stock traded higher by 1.53% or $0.67/share to $44.43. The stock recorded a trading volume of 244526 today. This represents 0.91 times the average volume for Nu Skin Enterprises 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.
