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Wednesday, April 25, 2012

Higher They Go: (RHI), (GEOI), (KSU), (DRE), (ONXX)

Stocks hitting new 52 week highs on April 25 are Robert Half International Inc, GeoResources, Inc, Kansas City Southern, Duke Realty Corp, and Onyx 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 Robert Half International Inc (RHI) had a total return adjusted 52 week high today of $31.08 per share and are currently trading at $30.93. The stock traded higher by 7.25% or $2.09/share to $30.93. The stock recorded a trading volume of 2224101 today. This represents 5.33 times the average volume for Robert Half International 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 GeoResources, Inc (GEOI) had a total return adjusted 52 week high today of $35.97 per share and are currently trading at $36.89. The stock traded higher by 19.89% or $6.12/share to $36.89. The stock recorded a trading volume of 2379948 today. This represents 26.24 times the average volume for GeoResources, 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 Kansas City Southern (KSU) had a total return adjusted 52 week high today of $75.31 per share and are currently trading at $76.91. The stock traded higher by 2.42% or $1.82/share to $76.91. The stock recorded a trading volume of 627141 today. This represents 1.85 times the average volume for Kansas City Southern. 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 Duke Realty Corp (DRE) had a total return adjusted 52 week high today of $14.85 per share and are currently trading at $14.97. The stock traded higher by 1.15% or $0.17/share to $14.97. The stock recorded a trading volume of 1427239 today. This represents 1.26 times the average volume for Duke Realty Corp. 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 Onyx Pharmaceuticals, Inc (ONXX) had a total return adjusted 52 week high today of $46.07 per share and are currently trading at $46.22. The stock traded higher by 6.40% or $2.78/share to $46.22. The stock recorded a trading volume of 3121482 today. This represents 10.23 times the average volume for Onyx 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.