Stocks hitting new 52 week highs on December 12 are Ladenburg Thalmann Financial Services Inc, SandRidge Mississippian Trust I, Generac Holdings Inc, SPS Commerce, Inc, and Metropolitan Health Networks 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 Ladenburg Thalmann Financial Services Inc (LTS) had a total return adjusted 52 week high today of $2.54 per share and are currently trading at $2.43. The stock fell by 3.57% or $-0.09/share to $2.43. The stock recorded a trading volume of 25913 today. This represents 0.5 times the average volume for Ladenburg Thalmann Financial Services Inc. Lower than average volume can mean the new high may not represent the stock's true value. Investors may want to watch out for this stock adjusting back down to its true value.
Shares of SandRidge Mississippian Trust I (SDT) had a total return adjusted 52 week high today of $28.85 per share and are currently trading at $29.19. The stock traded higher by 1.57% or $0.45/share to $29.19. The stock recorded a trading volume of 45308 today. This represents 2.73 times the average volume for SandRidge Mississippian Trust I. 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 Generac Holdings Inc (GNRC) had a total return adjusted 52 week high today of $27.81 per share and are currently trading at $27.70. The stock traded higher by 0.33% or $0.09/share to $27.70. The stock recorded a trading volume of 37956 today. This represents 1.59 times the average volume for Generac 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.
Shares of SPS Commerce, Inc (SPSC) had a total return adjusted 52 week high today of $25.10 per share and are currently trading at $24.91. The stock fell by 0.30% or $-0.07/share to $24.91. The stock recorded a trading volume of 16424 today. This represents 2.57 times the average volume for SPS Commerce, 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 Metropolitan Health Networks Inc (MDF) had a total return adjusted 52 week high today of $7.85 per share and are currently trading at $7.66. The stock fell by 1.79% or $-0.14/share to $7.66. The stock recorded a trading volume of 19946 today. This represents 0.57 times the average volume for Metropolitan Health Networks Inc. Lower than average volume can mean the new high may not represent the stock's true value. Investors may want to watch out for this stock adjusting back down to its true value.
