Navigate this market better. Subscribe for FREE stock alerts and information.

Monday, April 9, 2012

Higher They Go: (DFG), (PCLN), (AAPL), (ARQL), (LQDT)

Stocks hitting new 52 week highs on April 9 are Delphi Financial Group, Inc, priceline.com Incorporated, Apple Inc, ArQule Inc, and Liquidity Services, 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 Delphi Financial Group, Inc (DFG) had a total return adjusted 52 week high today of $44.98 per share and are currently trading at $45.33. The stock traded higher by 1.13% or $0.51/share to $45.33. The stock recorded a trading volume of 385359 today. This represents 1.68 times the average volume for Delphi Financial 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 priceline.com Incorporated (PCLN) had a total return adjusted 52 week high today of $759.86 per share and are currently trading at $758.87. The stock traded higher by 0.27% or $2.04/share to $758.87. The stock recorded a trading volume of 632288 today. This represents 1.62 times the average volume for priceline.com 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 Apple Inc (AAPL) had a total return adjusted 52 week high today of $634.68 per share and are currently trading at $634.62. The stock traded higher by 0.15% or $0.95/share to $634.62. The stock recorded a trading volume of 12150991 today. This represents 1.45 times the average volume for Apple 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 ArQule Inc (ARQL) had a total return adjusted 52 week high today of $8.24 per share and are currently trading at $8.22. The stock traded higher by 0.74% or $0.06/share to $8.22. The stock recorded a trading volume of 248691 today. This represents 1.44 times the average volume for ArQule 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 Liquidity Services, Inc (LQDT) had a total return adjusted 52 week high today of $49.89 per share and are currently trading at $49.35. The stock fell by 0.02% or $-0.01/share to $49.35. The stock recorded a trading volume of 241586 today. This represents 1.33 times the average volume for Liquidity Services, 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.