Stocks hitting new 52 week highs on November 2 are Liz Claiborne Inc, Mastercard Incorporated, Altisource Portfolio Solutions S.A, Bankrate, Inc, and CenterPoint Energy, 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 Liz Claiborne Inc (LIZ) had a total return adjusted 52 week high today of $8.55 per share and are currently trading at $8.59. The stock traded higher by 3.87% or $0.32/share to $8.59. The stock recorded a trading volume of 907335 today. This represents 1.2 times the average volume for Liz Claiborne 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 Mastercard Incorporated (MA) had a total return adjusted 52 week high today of $361.76 per share and are currently trading at $361.90. The stock traded higher by 8.26% or $27.61/share to $361.90. The stock recorded a trading volume of 1144783 today. This represents 4.09 times the average volume for Mastercard Incorporated. 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 $40.87 per share and are currently trading at $41.04. The stock traded higher by 1.48% or $0.60/share to $41.04. The stock recorded a trading volume of 42052 today. This represents 3.21 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.
Shares of Bankrate, Inc (RATE) had a total return adjusted 52 week high today of $20.12 per share and are currently trading at $20.19. The stock traded higher by 2.02% or $0.40/share to $20.19. The stock recorded a trading volume of 127997 today. This represents 3.64 times the average volume for Bankrate, 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 CenterPoint Energy, Inc (CNP) had a total return adjusted 52 week high today of $21.39 per share and are currently trading at $21.35. The stock traded higher by 5.54% or $1.12/share to $21.35. The stock recorded a trading volume of 1699593 today. This represents 1.9 times the average volume for CenterPoint Energy, 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.
