Stocks hitting new 52 week highs on September 28 are HSN, Inc, BioMarin Pharmaceutical Inc, Liquidity Services, Inc, Smart Balance, Inc, and Renaissance Learning 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 HSN, Inc (HSNI) had a total return adjusted 52 week high today of $36.36 per share and are currently trading at $35.89. The stock traded higher by 2.11% or $0.74/share to $35.89. The stock recorded a trading volume of 383835 today. This represents 3.32 times the average volume for HSN, 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 BioMarin Pharmaceutical Inc (BMRN) had a total return adjusted 52 week high today of $31.98 per share and are currently trading at $32.30. The stock traded higher by 4.77% or $1.47/share to $32.30. The stock recorded a trading volume of 1175954 today. This represents 4.14 times the average volume for BioMarin Pharmaceutical 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 Liquidity Services, Inc (LQDT) had a total return adjusted 52 week high today of $33.51 per share and are currently trading at $33.51. The stock traded higher by 7.11% or $2.22/share to $33.51. The stock recorded a trading volume of 342198 today. This represents 4.11 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 Smart Balance, Inc (SMBL) had a total return adjusted 52 week high today of $6.01 per share and are currently trading at $6.02. The stock traded higher by 0.50% or $0.03/share to $6.02. The stock recorded a trading volume of 106137 today. This represents 1.53 times the average volume for Smart Balance, 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 Renaissance Learning Inc (RLRN) had a total return adjusted 52 week high today of $16.76 per share and are currently trading at $16.84. The stock traded higher by 0.48% or $0.08/share to $16.84. The stock recorded a trading volume of 116862 today. This represents 3.26 times the average volume for Renaissance Learning 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.
