Stocks hitting new 52 week highs on April 24 are Schiff Nutrition International Inc, Blyth, Inc, National Grid plc, Canadian National Railway Company, and Newcastle Investment Corp. 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 Schiff Nutrition International Inc (WNI) had a total return adjusted 52 week high today of $14.83 per share and are currently trading at $15.00. The stock traded higher by 1.83% or $0.27/share to $15.00. The stock recorded a trading volume of 16125 today. This represents 0.83 times the average volume for Schiff Nutrition International 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 Blyth, Inc (BTH) had a total return adjusted 52 week high today of $83.68 per share and are currently trading at $83.63. The stock traded higher by 0.76% or $0.63/share to $83.63. The stock recorded a trading volume of 24361 today. This represents 1.16 times the average volume for Blyth, 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 National Grid plc (NGG) had a total return adjusted 52 week high today of $53.11 per share and are currently trading at $53.76. The stock traded higher by 1.32% or $0.70/share to $53.76. The stock recorded a trading volume of 587524 today. This represents 2.88 times the average volume for National Grid 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 Canadian National Railway Company (CNI) had a total return adjusted 52 week high today of $81.30 per share and are currently trading at $82.35. The stock traded higher by 2.92% or $2.34/share to $82.35. The stock recorded a trading volume of 564550 today. This represents 1.49 times the average volume for Canadian National Railway Company. 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 Newcastle Investment Corp (NCT) had a total return adjusted 52 week high today of $6.85 per share and are currently trading at $6.86. The stock traded higher by 0.88% or $0.06/share to $6.86. The stock recorded a trading volume of 732274 today. This represents 1.24 times the average volume for Newcastle Investment 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.
