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Thursday, October 27, 2011

Inching Ever Higher: (TYL), (ACAT), (CRI), (KEX), (ASPS)

Stocks hitting new 52 week highs on October 27 are Tyler Technologies, Inc, Arctic Cat Inc, Carter's, Inc, Kirby Corporation, and Altisource Portfolio Solutions S.A. 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 Tyler Technologies, Inc (TYL) had a total return adjusted 52 week high today of $29.42 per share and are currently trading at $32.60. The stock traded higher by 14.47% or $4.12/share to $32.60. The stock recorded a trading volume of 400720 today. This represents 3.24 times the average volume for Tyler Technologies, 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 Arctic Cat Inc (ACAT) had a total return adjusted 52 week high today of $17.97 per share and are currently trading at $19.43. The stock traded higher by 12.12% or $2.10/share to $19.43. The stock recorded a trading volume of 175850 today. This represents 3.04 times the average volume for Arctic Cat 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 Carter's, Inc (CRI) had a total return adjusted 52 week high today of $36.01 per share and are currently trading at $39.14. The stock traded higher by 10.56% or $3.74/share to $39.14. The stock recorded a trading volume of 1267314 today. This represents 2.83 times the average volume for Carter's, 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 Kirby Corporation (KEX) had a total return adjusted 52 week high today of $60.00 per share and are currently trading at $64.75. The stock traded higher by 9.94% or $5.85/share to $64.75. The stock recorded a trading volume of 578226 today. This represents 2.7 times the average volume for Kirby 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 Altisource Portfolio Solutions S.A (ASPS) had a total return adjusted 52 week high today of $38.00 per share and are currently trading at $40.80. The stock traded higher by 9.03% or $3.38/share to $40.80. The stock recorded a trading volume of 299825 today. This represents 8.33 times the average volume for Altisource Portfolio Solutions S.A. 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.