Stocks hitting new 52 week highs on March 29 are Red Hat, Inc, Movado Group, Inc, HB Fuller Co, Aetna Inc, and Unitedhealth Group, 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 Red Hat, Inc (RHT) had a total return adjusted 52 week high today of $54.01 per share and are currently trading at $59.24. The stock traded higher by 15.29% or $7.86/share to $59.24. The stock recorded a trading volume of 9610215 today. This represents 14.11 times the average volume for Red Hat, 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 Movado Group, Inc (MOV) had a total return adjusted 52 week high today of $22.65 per share and are currently trading at $24.36. The stock traded higher by 9.38% or $2.09/share to $24.36. The stock recorded a trading volume of 282243 today. This represents 4.38 times the average volume for Movado Group, 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 HB Fuller Co (FUL) had a total return adjusted 52 week high today of $31.95 per share and are currently trading at $32.67. The stock traded higher by 3.19% or $1.01/share to $32.67. The stock recorded a trading volume of 480214 today. This represents 2.45 times the average volume for HB Fuller Co. 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 Aetna Inc (AET) had a total return adjusted 52 week high today of $47.71 per share and are currently trading at $49.06. The stock traded higher by 5.46% or $2.54/share to $49.06. The stock recorded a trading volume of 7597362 today. This represents 4.9 times the average volume for Aetna 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 Unitedhealth Group, Inc (UNH) had a total return adjusted 52 week high today of $56.34 per share and are currently trading at $57.37. The stock traded higher by 3.48% or $1.93/share to $57.37. The stock recorded a trading volume of 10182501 today. This represents 3.67 times the average volume for Unitedhealth Group, 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.
