Stocks hitting new 52 week highs on November 3 are NeuStar, Inc, Ultimate Software Group, Inc, Tesoro Logistics LP, Verisk Analytics, Inc, and Fastenal Company. 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 NeuStar, Inc (NSR) had a total return adjusted 52 week high today of $32.71 per share and are currently trading at $32.89. The stock traded higher by 4.35% or $1.37/share to $32.89. The stock recorded a trading volume of 460683 today. This represents 2.4 times the average volume for NeuStar, 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 Ultimate Software Group, Inc (ULTI) had a total return adjusted 52 week high today of $61.40 per share and are currently trading at $62.62. The stock traded higher by 3.57% or $2.16/share to $62.62. The stock recorded a trading volume of 104561 today. This represents 1.19 times the average volume for Ultimate Software Group, 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 Tesoro Logistics LP (TLLP) had a total return adjusted 52 week high today of $26.51 per share and are currently trading at $26.68. The stock traded higher by 1.52% or $0.40/share to $26.68. The stock recorded a trading volume of 30300 today. This represents 1.33 times the average volume for Tesoro Logistics LP. 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 Verisk Analytics, Inc (VRSK) had a total return adjusted 52 week high today of $36.00 per share and are currently trading at $36.64. The stock traded higher by 2.35% or $0.84/share to $36.64. The stock recorded a trading volume of 660298 today. This represents 2.34 times the average volume for Verisk Analytics, 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 Fastenal Company (FAST) had a total return adjusted 52 week high today of $39.14 per share and are currently trading at $39.84. The stock traded higher by 4.13% or $1.58/share to $39.84. The stock recorded a trading volume of 1550261 today. This represents 1.57 times the average volume for Fastenal 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.
