Stocks hitting new 52 week highs on March 26 are Sturm, Ruger & Co. Inc, The Spectranetics Corporation, Polaris Industries, Inc, Buffalo Wild Wings Inc, and Nacco 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 Sturm, Ruger & Co. Inc (RGR) had a total return adjusted 52 week high today of $48.66 per share and are currently trading at $49.90. The stock traded higher by 3.81% or $1.83/share to $49.90. The stock recorded a trading volume of 268796 today. This represents 2.06 times the average volume for Sturm, Ruger & Co. 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 The Spectranetics Corporation (SPNC) had a total return adjusted 52 week high today of $10.56 per share and are currently trading at $10.77. The stock traded higher by 2.28% or $0.24/share to $10.77. The stock recorded a trading volume of 106060 today. This represents 1.69 times the average volume for The Spectranetics 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.
Shares of Polaris Industries, Inc (PII) had a total return adjusted 52 week high today of $70.87 per share and are currently trading at $73.10. The stock traded higher by 3.63% or $2.56/share to $73.10. The stock recorded a trading volume of 1201164 today. This represents 3.14 times the average volume for Polaris 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 Buffalo Wild Wings Inc (BWLD) had a total return adjusted 52 week high today of $91.44 per share and are currently trading at $93.38. The stock traded higher by 6.07% or $5.34/share to $93.38. The stock recorded a trading volume of 928122 today. This represents 2.78 times the average volume for Buffalo Wild Wings 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 Nacco Industries Inc (NC) had a total return adjusted 52 week high today of $115.32 per share and are currently trading at $117.00. The stock traded higher by 2.46% or $2.81/share to $117.00. The stock recorded a trading volume of 12620 today. This represents 0.87 times the average volume for Nacco Industries Inc. This is considered normal volume for the stock which means the new high is most likely caused by a steady uptrend. Expect the stock to continue its upward trend. A pullback could be a great opportunity to get onboard.
