Stocks hitting new 52 week highs on November 21 are Pharmasset, Inc, Inhibitex, Inc, Idenix Pharmaceuticals Inc, Healthstream Inc, and Transatlantic Holdings 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 Pharmasset, Inc (VRUS) had a total return adjusted 52 week high today of $88.52 per share and are currently trading at $134.20. The stock traded higher by 84.67% or $61.53/share to $134.20. The stock recorded a trading volume of 18056864 today. This represents 33.75 times the average volume for Pharmasset, 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 Inhibitex, Inc (INHX) had a total return adjusted 52 week high today of $10.60 per share and are currently trading at $10.94. The stock traded higher by 22.51% or $2.01/share to $10.94. The stock recorded a trading volume of 7953550 today. This represents 13.04 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 Idenix Pharmaceuticals Inc (IDIX) had a total return adjusted 52 week high today of $7.72 per share and are currently trading at $7.28. The stock fell by 1.82% or $-0.13/share to $7.28. The stock recorded a trading volume of 894313 today. This represents 3.19 times the average volume for Idenix 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 Healthstream Inc (HSTM) had a total return adjusted 52 week high today of $17.76 per share and are currently trading at $17.74. The stock fell by 0.11% or $-0.02/share to $17.74. The stock recorded a trading volume of 251989 today. This represents 4.07 times the average volume for Healthstream 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 Transatlantic Holdings Inc (TRH) had a total return adjusted 52 week high today of $55.07 per share and are currently trading at $55.26. The stock traded higher by 1.52% or $0.83/share to $55.26. The stock recorded a trading volume of 2782216 today. This represents 7.69 times the average volume for Transatlantic Holdings 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.
