Navigate this market better. Subscribe for FREE stock alerts and information.

Friday, November 4, 2011

At Their 52 Week Highs: (SBUX), (EVEP), (OPNT), (VVC), (REXX)

Stocks hitting new 52 week highs on November 4 are Starbucks Corporation, EV Energy Partners LP, OPNET Technologies Inc, Vectren Corporation, and Rex Energy Corporation. 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 Starbucks Corporation (SBUX) had a total return adjusted 52 week high today of $43.43 per share and are currently trading at $43.91. The stock traded higher by 6.06% or $2.51/share to $43.91. The stock recorded a trading volume of 5111419 today. This represents 4.14 times the average volume for Starbucks 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 EV Energy Partners LP (EVEP) had a total return adjusted 52 week high today of $77.00 per share and are currently trading at $74.77. The stock traded higher by 2.81% or $2.04/share to $74.77. The stock recorded a trading volume of 223157 today. This represents 3.94 times the average volume for EV Energy Partners LP. 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 OPNET Technologies Inc (OPNT) had a total return adjusted 52 week high today of $45.92 per share and are currently trading at $46.07. The stock traded higher by 0.77% or $0.35/share to $46.07. The stock recorded a trading volume of 45575 today. This represents 1.6 times the average volume for OPNET 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 Vectren Corporation (VVC) had a total return adjusted 52 week high today of $29.24 per share and are currently trading at $29.06. The stock traded higher by 1.45% or $0.42/share to $29.06. The stock recorded a trading volume of 113241 today. This represents 1.72 times the average volume for Vectren 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 Rex Energy Corporation (REXX) had a total return adjusted 52 week high today of $17.01 per share and are currently trading at $16.68. The stock traded higher by 0.42% or $0.07/share to $16.68. The stock recorded a trading volume of 631577 today. This represents 3.85 times the average volume for Rex Energy 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.