Stocks hitting new 52 week highs on September 23 are Optimer Pharmaceuticals, Inc, and Goodrich 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 Optimer Pharmaceuticals, Inc (OPTR) had a total return adjusted 52 week high today of $17.24 per share and are currently trading at $16.86. The stock fell by 0.06% or $-0.01/share to $16.86. The stock recorded a trading volume of 1345409 today. This represents 4.15 times the average volume for Optimer 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 Goodrich Corp (GR) had a total return adjusted 52 week high today of $120.93 per share and are currently trading at $121.63. The stock traded higher by 0.85% or $1.03/share to $121.63. The stock recorded a trading volume of 5044480 today. This represents 6.34 times the average volume for Goodrich 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.
