Stocks hitting new 52 week highs on November 16 are Kodiak Oil & Gas Corp, iShares FTSE NAREIT Industrl/Offc Cp Idx, Colfax Corporation, Tractor Supply Company, and Sourcefire, 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 Kodiak Oil & Gas Corp (KOG) had a total return adjusted 52 week high today of $8.01 per share and are currently trading at $8.15. The stock traded higher by 3.95% or $0.31/share to $8.15. The stock recorded a trading volume of 7062470 today. This represents 4.97 times the average volume for Kodiak Oil & Gas 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 iShares FTSE NAREIT Industrl/Offc Cp Idx (FIO) had a total return adjusted 52 week high today of $39.89 per share and are currently trading at $41.16. The stock traded higher by 8.03% or $3.06/share to $41.16. The stock recorded a trading volume of 1454824 today. This represents 7.3 times the average volume for iShares FTSE NAREIT Industrl/Offc Cp Idx. 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 Colfax Corporation (CFX) had a total return adjusted 52 week high today of $30.47 per share and are currently trading at $31.36. The stock traded higher by 4.50% or $1.35/share to $31.36. The stock recorded a trading volume of 448629 today. This represents 2.87 times the average volume for Colfax 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 Tractor Supply Company (TSCO) had a total return adjusted 52 week high today of $75.75 per share and are currently trading at $77.54. The stock traded higher by 2.84% or $2.14/share to $77.54. The stock recorded a trading volume of 514016 today. This represents 2.85 times the average volume for Tractor Supply Company. 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 Sourcefire, Inc (FIRE) had a total return adjusted 52 week high today of $34.45 per share and are currently trading at $35.06. The stock traded higher by 3.39% or $1.15/share to $35.06. The stock recorded a trading volume of 267835 today. This represents 2.34 times the average volume for Sourcefire, 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.
