Stocks hitting new 52 week highs on January 10 are Achillion Pharmaceuticals, Inc, Cobalt International Energy, Inc, Gilead Sciences Inc, Pharmacyclics Inc, and Union Pacific 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 Achillion Pharmaceuticals, Inc (ACHN) had a total return adjusted 52 week high today of $9.86 per share and are currently trading at $9.55. The stock fell by 1.75% or $-0.17/share to $9.55. The stock recorded a trading volume of 2050309 today. This represents 7.33 times the average volume for Achillion 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 Cobalt International Energy, Inc (CIE) had a total return adjusted 52 week high today of $17.22 per share and are currently trading at $17.68. The stock traded higher by 11.48% or $1.82/share to $17.68. The stock recorded a trading volume of 1457525 today. This represents 3.09 times the average volume for Cobalt International Energy, 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 Gilead Sciences Inc (GILD) had a total return adjusted 52 week high today of $43.49 per share and are currently trading at $44.66. The stock traded higher by 4.52% or $1.93/share to $44.66. The stock recorded a trading volume of 6785208 today. This represents 2.02 times the average volume for Gilead Sciences 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 Pharmacyclics Inc (PCYC) had a total return adjusted 52 week high today of $15.82 per share and are currently trading at $15.72. The stock traded higher by 4.80% or $0.72/share to $15.72. The stock recorded a trading volume of 485489 today. This represents 1.61 times the average volume for Pharmacyclics 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 Union Pacific Corporation (UNP) had a total return adjusted 52 week high today of $109.62 per share and are currently trading at $111.25. The stock traded higher by 1.61% or $1.76/share to $111.25. The stock recorded a trading volume of 1604553 today. This represents 1.48 times the average volume for Union Pacific 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.
