Stocks hitting new 52 week highs on April 26 are Everest Re Group Ltd, NewMarket Corp, Allegiant Travel Company, Dunkin' Brands Group, Inc, and Watson Pharmaceuticals, 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 Everest Re Group Ltd (RE) had a total return adjusted 52 week high today of $95.72 per share and are currently trading at $99.03. The stock traded higher by 3.77% or $3.60/share to $99.03. The stock recorded a trading volume of 718111 today. This represents 5.45 times the average volume for Everest Re Group Ltd. 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 NewMarket Corp (NEU) had a total return adjusted 52 week high today of $219.92 per share and are currently trading at $229.00. The stock traded higher by 16.59% or $32.59/share to $229.00. The stock recorded a trading volume of 156276 today. This represents 4.55 times the average volume for NewMarket Corp. 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 Allegiant Travel Company (ALGT) had a total return adjusted 52 week high today of $61.21 per share and are currently trading at $59.17. The stock fell by 0.95% or $-0.57/share to $59.17. The stock recorded a trading volume of 71374 today. This represents 1.1 times the average volume for Allegiant Travel Company. 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.
Shares of Dunkin' Brands Group, Inc (DNKN) had a total return adjusted 52 week high today of $32.30 per share and are currently trading at $32.23. The stock traded higher by 1.61% or $0.51/share to $32.23. The stock recorded a trading volume of 1233602 today. This represents 2.43 times the average volume for Dunkin' Brands 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 Watson Pharmaceuticals, Inc (WPI) had a total return adjusted 52 week high today of $73.35 per share and are currently trading at $73.68. The stock traded higher by 5.73% or $3.99/share to $73.68. The stock recorded a trading volume of 6034737 today. This represents 7.65 times the average volume for Watson 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.
