Stocks hitting new 52 week highs on April 23 are Ardea Biosciences, Inc, Brinker International Inc, Progenics Pharmaceuticals Inc, Atlas Energy, L.P, and Vantiv, 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 Ardea Biosciences, Inc (RDEA) had a total return adjusted 52 week high today of $29.06 per share and are currently trading at $31.60. The stock traded higher by 51.63% or $10.76/share to $31.60. The stock recorded a trading volume of 20200716 today. This represents 200.61 times the average volume for Ardea Biosciences, 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 Brinker International Inc (EAT) had a total return adjusted 52 week high today of $29.31 per share and are currently trading at $30.23. The stock traded higher by 8.35% or $2.33/share to $30.23. The stock recorded a trading volume of 3453502 today. This represents 6.21 times the average volume for Brinker 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 Progenics Pharmaceuticals Inc (PGNX) had a total return adjusted 52 week high today of $10.77 per share and are currently trading at $10.59. The stock fell by 0.84% or $-0.09/share to $10.59. The stock recorded a trading volume of 64608 today. This represents 1.52 times the average volume for Progenics 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.
Shares of Atlas Energy, L.P (ATLS) had a total return adjusted 52 week high today of $37.48 per share and are currently trading at $37.83. The stock traded higher by 1.29% or $0.48/share to $37.83. The stock recorded a trading volume of 79319 today. This represents 0.54 times the average volume for Atlas Energy, L.P. Lower than average volume can mean the new high may not represent the stock's true value. Investors may want to watch out for this stock adjusting back down to its true value.
Shares of Vantiv, Inc (VNTV) had a total return adjusted 52 week high today of $20.65 per share and are currently trading at $20.54. The stock traded higher by 2.60% or $0.52/share to $20.54. The stock recorded a trading volume of 164594 today. This represents 0.3 times the average volume for Vantiv, Inc. Lower than average volume can mean the new high may not represent the stock's true value. Investors may want to watch out for this stock adjusting back down to its true value.
