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Monday, February 13, 2012

Reaching for the Stars: (REGN), (DBD), (MSG), (LAD), (AKRX)

Stocks hitting new 52 week highs on February 13 are Regeneron Pharmaceuticals, Inc, Diebold, Incorporated, The Madison Square Garden Company, Lithia Motors Inc, and Akorn, 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 Regeneron Pharmaceuticals, Inc (REGN) had a total return adjusted 52 week high today of $105.42 per share and are currently trading at $113.86. The stock traded higher by 11.54% or $11.78/share to $113.86. The stock recorded a trading volume of 1152710 today. This represents 6.42 times the average volume for Regeneron 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 Diebold, Incorporated (DBD) had a total return adjusted 52 week high today of $36.13 per share and are currently trading at $38.30. The stock traded higher by 10.22% or $3.55/share to $38.30. The stock recorded a trading volume of 534011 today. This represents 10.51 times the average volume for Diebold, 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 The Madison Square Garden Company (MSG) had a total return adjusted 52 week high today of $31.34 per share and are currently trading at $32.82. The stock traded higher by 5.36% or $1.67/share to $32.82. The stock recorded a trading volume of 174937 today. This represents 4.98 times the average volume for The Madison Square Garden Company. 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 Lithia Motors Inc (LAD) had a total return adjusted 52 week high today of $26.12 per share and are currently trading at $26.06. The stock traded higher by 1.52% or $0.39/share to $26.06. The stock recorded a trading volume of 119264 today. This represents 2.72 times the average volume for Lithia Motors 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 Akorn, Inc (AKRX) had a total return adjusted 52 week high today of $12.50 per share and are currently trading at $12.70. The stock traded higher by 1.76% or $0.22/share to $12.70. The stock recorded a trading volume of 251174 today. This represents 1.7 times the average volume for Akorn, 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.