Stocks hitting new 52 week highs on November 3 are Medivation, Inc, Estee Lauder Companies Inc, Fair Isaac Corp, Spectrum Pharmaceuticals, Inc, 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 Medivation, Inc (MDVN) had a total return adjusted 52 week high today of $25.50 per share and are currently trading at $34.70. The stock traded higher by 109.92% or $18.17/share to $34.70. The stock recorded a trading volume of 8060983 today. This represents 45.88 times the average volume for Medivation, 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 Estee Lauder Companies Inc (EL) had a total return adjusted 52 week high today of $108.77 per share and are currently trading at $115.27. The stock traded higher by 14.32% or $14.44/share to $115.27. The stock recorded a trading volume of 2230549 today. This represents 3.91 times the average volume for Estee Lauder Companies 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 Fair Isaac Corp (FICO) had a total return adjusted 52 week high today of $31.76 per share and are currently trading at $33.27. The stock traded higher by 22.41% or $6.09/share to $33.27. The stock recorded a trading volume of 591445 today. This represents 4.1 times the average volume for Fair Isaac 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 Spectrum Pharmaceuticals, Inc (SPPI) had a total return adjusted 52 week high today of $11.46 per share and are currently trading at $11.81. The stock traded higher by 5.07% or $0.57/share to $11.81. The stock recorded a trading volume of 614944 today. This represents 1.79 times the average volume for Spectrum Pharmaceuticals, 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 Rex Energy Corporation (REXX) had a total return adjusted 52 week high today of $16.50 per share and are currently trading at $16.60. The stock traded higher by 3.69% or $0.59/share to $16.60. The stock recorded a trading volume of 844623 today. This represents 2.3 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.
