Stocks hitting new 52 week highs on April 11 are Cia Energetica de Minas Gerais, Standard Microsystems Corp, Titan Machinery, Inc, SBA Communications Corp, and VeriSign, 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 Cia Energetica de Minas Gerais (CIG) had a total return adjusted 52 week high today of $25.19 per share and are currently trading at $25.52. The stock traded higher by 2.43% or $0.61/share to $25.52. The stock recorded a trading volume of 950697 today. This represents 1.65 times the average volume for Cia Energetica de Minas Gerais. 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 Standard Microsystems Corp (SMSC) had a total return adjusted 52 week high today of $27.83 per share and are currently trading at $28.00. The stock traded higher by 15.56% or $3.77/share to $28.00. The stock recorded a trading volume of 294744 today. This represents 12.02 times the average volume for Standard Microsystems 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 Titan Machinery, Inc (TITN) had a total return adjusted 52 week high today of $32.03 per share and are currently trading at $31.20. The stock traded higher by 13.60% or $3.74/share to $31.20. The stock recorded a trading volume of 1662699 today. This represents 37.97 times the average volume for Titan Machinery, 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 SBA Communications Corp (SBAC) had a total return adjusted 52 week high today of $51.51 per share and are currently trading at $51.92. The stock traded higher by 3.58% or $1.79/share to $51.92. The stock recorded a trading volume of 691520 today. This represents 2.16 times the average volume for SBA Communications 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 VeriSign, Inc (VRSN) had a total return adjusted 52 week high today of $39.17 per share and are currently trading at $39.40. The stock traded higher by 1.04% or $0.41/share to $39.40. The stock recorded a trading volume of 859303 today. This represents 2.27 times the average volume for VeriSign, 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.
