Stocks hitting new 52 week highs on November 14 are Opko Health, Inc, Golar LNG Ltd, DCP Midstream Partners LP, Manhattan Associates, Inc, and CommVault Systems, 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 Opko Health, Inc (OPK) had a total return adjusted 52 week high today of $5.57 per share and are currently trading at $5.56. The stock traded higher by 3.54% or $0.19/share to $5.56. The stock recorded a trading volume of 1621356 today. This represents 2.48 times the average volume for Opko Health, 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 Golar LNG Ltd (GLNG) had a total return adjusted 52 week high today of $41.42 per share and are currently trading at $42.08. The stock traded higher by 2.89% or $1.18/share to $42.08. The stock recorded a trading volume of 374394 today. This represents 1.29 times the average volume for Golar LNG Ltd. 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 DCP Midstream Partners LP (DPM) had a total return adjusted 52 week high today of $44.40 per share and are currently trading at $44.96. The stock traded higher by 1.63% or $0.72/share to $44.96. The stock recorded a trading volume of 68110 today. This represents 1.73 times the average volume for DCP Midstream 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 Manhattan Associates, Inc (MANH) had a total return adjusted 52 week high today of $44.67 per share and are currently trading at $44.85. The stock traded higher by 1.10% or $0.49/share to $44.85. The stock recorded a trading volume of 93400 today. This represents 1.4 times the average volume for Manhattan Associates, 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 CommVault Systems, Inc (CVLT) had a total return adjusted 52 week high today of $47.95 per share and are currently trading at $48.44. The stock traded higher by 1.38% or $0.66/share to $48.44. The stock recorded a trading volume of 305398 today. This represents 1.12 times the average volume for CommVault Systems, 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.
