Stocks hitting new 52 week highs on November 7 are Inhibitex, Inc, HMS Holdings Corp, SonoSite Inc, OPNET Technologies Inc, and Citizens Republic Bancorp, 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 Inhibitex, Inc (INHX) had a total return adjusted 52 week high today of $9.45 per share and are currently trading at $9.89. The stock traded higher by 15.81% or $1.35/share to $9.89. The stock recorded a trading volume of 9990826 today. This represents 27.0 times the average volume for Inhibitex, 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 HMS Holdings Corp (HMSY) had a total return adjusted 52 week high today of $28.27 per share and are currently trading at $29.05. The stock traded higher by 15.60% or $3.92/share to $29.05. The stock recorded a trading volume of 1217274 today. This represents 4.67 times the average volume for HMS Holdings 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 SonoSite Inc (SONO) had a total return adjusted 52 week high today of $40.11 per share and are currently trading at $39.70. The stock fell by 0.73% or $-0.29/share to $39.70. The stock recorded a trading volume of 186341 today. This represents 2.67 times the average volume for SonoSite 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 OPNET Technologies Inc (OPNT) had a total return adjusted 52 week high today of $46.90 per share and are currently trading at $45.85. The stock fell by 1.84% or $-0.86/share to $45.85. The stock recorded a trading volume of 144148 today. This represents 1.67 times the average volume for OPNET Technologies 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 Citizens Republic Bancorp, Inc (CRBC) had a total return adjusted 52 week high today of $9.80 per share and are currently trading at $9.81. The stock traded higher by 1.24% or $0.12/share to $9.81. The stock recorded a trading volume of 209085 today. This represents 2.04 times the average volume for Citizens Republic Bancorp, 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.
