Stocks hitting new 52 week highs on October 19 are Manhattan Associates, Inc, Abbott Laboratories, Silicon Motion Technology Corp, Intel Corporation, and Domino's Pizza, 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 Manhattan Associates, Inc (MANH) had a total return adjusted 52 week high today of $39.70 per share and are currently trading at $41.26. The stock traded higher by 5.26% or $2.06/share to $41.26. The stock recorded a trading volume of 240333 today. This represents 3.52 times the average volume for Manhattan Associates, 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 Abbott Laboratories (ABT) had a total return adjusted 52 week high today of $53.27 per share and are currently trading at $53.91. The stock traded higher by 2.80% or $1.47/share to $53.91. The stock recorded a trading volume of 28806586 today. This represents 6.25 times the average volume for Abbott Laboratories. 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 Silicon Motion Technology Corp (SIMO) had a total return adjusted 52 week high today of $15.25 per share and are currently trading at $15.80. The stock traded higher by 4.57% or $0.69/share to $15.80. The stock recorded a trading volume of 393849 today. This represents 1.44 times the average volume for Silicon Motion Technology 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 Intel Corporation (INTC) had a total return adjusted 52 week high today of $23.73 per share and are currently trading at $24.32. The stock traded higher by 3.93% or $0.92/share to $24.32. The stock recorded a trading volume of 71206736 today. This represents 2.31 times the average volume for Intel 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 Domino's Pizza, Inc (DPZ) had a total return adjusted 52 week high today of $30.27 per share and are currently trading at $31.08. The stock traded higher by 4.12% or $1.23/share to $31.08. The stock recorded a trading volume of 850124 today. This represents 1.57 times the average volume for Domino's Pizza, 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.
