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Friday, February 24, 2012

At Their 52 Week Highs: (IMPV), (GVA), (GTLS), (CAB), (MIND)

Stocks hitting new 52 week highs on February 24 are Imperva Inc, Granite Construction Incorporated, Chart Industries Inc, Cabela's Inc, and Mitcham Industries 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 Imperva Inc (IMPV) had a total return adjusted 52 week high today of $35.63 per share and are currently trading at $36.93. The stock traded higher by 4.56% or $1.61/share to $36.93. The stock recorded a trading volume of 30800 today. This represents 1.47 times the average volume for Imperva 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 Granite Construction Incorporated (GVA) had a total return adjusted 52 week high today of $29.30 per share and are currently trading at $30.31. The stock traded higher by 3.77% or $1.10/share to $30.31. The stock recorded a trading volume of 103836 today. This represents 1.82 times the average volume for Granite Construction Incorporated. 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 Chart Industries Inc (GTLS) had a total return adjusted 52 week high today of $66.29 per share and are currently trading at $66.06. The stock fell by 0.23% or $-0.15/share to $66.06. The stock recorded a trading volume of 406036 today. This represents 3.75 times the average volume for Chart 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 Cabela's Inc (CAB) had a total return adjusted 52 week high today of $34.35 per share and are currently trading at $35.32. The stock traded higher by 2.85% or $0.98/share to $35.32. The stock recorded a trading volume of 333356 today. This represents 2.37 times the average volume for Cabela's 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 Mitcham Industries Inc (MIND) had a total return adjusted 52 week high today of $25.92 per share and are currently trading at $26.53. The stock traded higher by 3.35% or $0.86/share to $26.53. The stock recorded a trading volume of 142328 today. This represents 2.2 times the average volume for Mitcham 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.