Stocks hitting new 52 week highs on September 15 are Alexion Pharmaceuticals, Inc, Endologix Inc, Mellanox Technologies, Ltd, American Campus Communities Inc, and Merge Healthcare Incorporated. 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 Alexion Pharmaceuticals, Inc (ALXN) had a total return adjusted 52 week high today of $60.81 per share and are currently trading at $63.57. The stock traded higher by 5.79% or $3.48/share to $63.57. The stock recorded a trading volume of 1251029 today. This represents 1.79 times the average volume for Alexion 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 Endologix Inc (ELGX) had a total return adjusted 52 week high today of $10.19 per share and are currently trading at $10.65. The stock traded higher by 5.34% or $0.54/share to $10.65. The stock recorded a trading volume of 450977 today. This represents 1.35 times the average volume for Endologix 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 Mellanox Technologies, Ltd (MLNX) had a total return adjusted 52 week high today of $35.68 per share and are currently trading at $35.75. The stock traded higher by 1.79% or $0.63/share to $35.75. The stock recorded a trading volume of 227064 today. This represents 1.75 times the average volume for Mellanox Technologies, Ltd. 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 American Campus Communities Inc (ACC) had a total return adjusted 52 week high today of $39.80 per share and are currently trading at $39.76. The stock traded higher by 1.87% or $0.73/share to $39.76. The stock recorded a trading volume of 2854305 today. This represents 8.14 times the average volume for American Campus Communities 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 Merge Healthcare Incorporated (MRGE) had a total return adjusted 52 week high today of $6.86 per share and are currently trading at $7.04. The stock traded higher by 2.92% or $0.20/share to $7.04. The stock recorded a trading volume of 652172 today. This represents 1.68 times the average volume for Merge Healthcare 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.
