Stocks hitting new 52 week highs on April 27 are Jazz Pharmaceuticals plc, Movado Group, Inc, SolarWinds, Inc, OSI Systems, Inc, and PulteGroup, 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 Jazz Pharmaceuticals plc (JAZZ) had a total return adjusted 52 week high today of $53.10 per share and are currently trading at $52.32. The stock traded higher by 15.75% or $7.12/share to $52.32. The stock recorded a trading volume of 2179060 today. This represents 9.72 times the average volume for Jazz Pharmaceuticals plc. 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 $28.52 per share and are currently trading at $29.24. The stock traded higher by 2.96% or $0.84/share to $29.24. The stock recorded a trading volume of 262706 today. This represents 6.04 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 SolarWinds, Inc (SWI) had a total return adjusted 52 week high today of $46.38 per share and are currently trading at $46.68. The stock traded higher by 2.86% or $1.30/share to $46.68. The stock recorded a trading volume of 577924 today. This represents 2.01 times the average volume for SolarWinds, 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 OSI Systems, Inc (OSIS) had a total return adjusted 52 week high today of $65.33 per share and are currently trading at $66.51. The stock traded higher by 2.46% or $1.60/share to $66.51. The stock recorded a trading volume of 32050 today. This represents 1.19 times the average volume for OSI Systems, 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.
Shares of PulteGroup, Inc (PHM) had a total return adjusted 52 week high today of $9.69 per share and are currently trading at $9.76. The stock traded higher by 1.88% or $0.18/share to $9.76. The stock recorded a trading volume of 3780287 today. This represents 1.29 times the average volume for PulteGroup, 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.
