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Thursday, May 10, 2012

At Their 52 Week Highs: (CPA), (ICUI), (TOL), (INSP), (SKT)

Stocks hitting new 52 week highs on May 10 are Copa Holdings SA, ICU Medical, Inc, Toll Brothers Inc, InfoSpace, Inc, and Tanger Factory Outlet Centers 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 Copa Holdings SA (CPA) had a total return adjusted 52 week high today of $83.48 per share and are currently trading at $83.86. The stock traded higher by 8.58% or $6.63/share to $83.86. The stock recorded a trading volume of 598379 today. This represents 4.01 times the average volume for Copa Holdings SA. 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 ICU Medical, Inc (ICUI) had a total return adjusted 52 week high today of $53.00 per share and are currently trading at $53.67. The stock traded higher by 1.47% or $0.78/share to $53.67. The stock recorded a trading volume of 57541 today. This represents 1.77 times the average volume for ICU Medical, 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 Toll Brothers Inc (TOL) had a total return adjusted 52 week high today of $27.10 per share and are currently trading at $26.75. The stock fell by 0.78% or $-0.21/share to $26.75. The stock recorded a trading volume of 3186802 today. This represents 2.16 times the average volume for Toll Brothers 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 InfoSpace, Inc (INSP) had a total return adjusted 52 week high today of $13.79 per share and are currently trading at $13.78. The stock traded higher by 25.50% or $2.80/share to $13.78. The stock recorded a trading volume of 1599131 today. This represents 10.63 times the average volume for InfoSpace, 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 Tanger Factory Outlet Centers Inc (SKT) had a total return adjusted 52 week high today of $32.31 per share and are currently trading at $32.37. The stock traded higher by 0.37% or $0.12/share to $32.37. The stock recorded a trading volume of 572681 today. This represents 1.56 times the average volume for Tanger Factory Outlet Centers 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.