Stocks hitting new 52 week highs on January 10 are InvenSense, Inc, PC Connection, Inc, Micromet, Inc, Flotek Industries Inc, and Nuance Communications, 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 InvenSense, Inc (INVN) had a total return adjusted 52 week high today of $12.38 per share and are currently trading at $12.57. The stock traded higher by 3.12% or $0.38/share to $12.57. The stock recorded a trading volume of 388569 today. This represents 1.73 times the average volume for InvenSense, 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 PC Connection, Inc (PCCC) had a total return adjusted 52 week high today of $12.24 per share and are currently trading at $12.73. The stock traded higher by 5.73% or $0.69/share to $12.73. The stock recorded a trading volume of 58024 today. This represents 2.99 times the average volume for PC Connection, 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 Micromet, Inc (MITI) had a total return adjusted 52 week high today of $8.13 per share and are currently trading at $8.44. The stock traded higher by 5.37% or $0.43/share to $8.44. The stock recorded a trading volume of 478081 today. This represents 2.12 times the average volume for Micromet, 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 Flotek Industries Inc (FTK) had a total return adjusted 52 week high today of $12.50 per share and are currently trading at $12.84. The stock traded higher by 4.90% or $0.60/share to $12.84. The stock recorded a trading volume of 1215729 today. This represents 1.84 times the average volume for Flotek Industries 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 Nuance Communications, Inc (NUAN) had a total return adjusted 52 week high today of $27.52 per share and are currently trading at $28.02. The stock traded higher by 2.34% or $0.64/share to $28.02. The stock recorded a trading volume of 3694894 today. This represents 2.06 times the average volume for Nuance Communications, 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.
