Stocks hitting new 52 week highs on May 15 are Capital Southwest Corporation, Marriott Vacations Worldwide Corp, Amylin Pharmaceuticals, Inc, Saia, Inc, and Church & Dwight Co. 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 Capital Southwest Corporation (CSWC) had a total return adjusted 52 week high today of $101.18 per share and are currently trading at $110.00. The stock traded higher by 14.70% or $14.10/share to $110.00. The stock recorded a trading volume of 16068 today. This represents 6.88 times the average volume for Capital Southwest Corporation. 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 Marriott Vacations Worldwide Corp (VAC) had a total return adjusted 52 week high today of $32.46 per share and are currently trading at $32.95. The stock traded higher by 2.49% or $0.80/share to $32.95. The stock recorded a trading volume of 292807 today. This represents 1.34 times the average volume for Marriott Vacations Worldwide 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.
Shares of Amylin Pharmaceuticals, Inc (AMLN) had a total return adjusted 52 week high today of $26.87 per share and are currently trading at $27.34. The stock traded higher by 6.59% or $1.69/share to $27.34. The stock recorded a trading volume of 5533659 today. This represents 2.7 times the average volume for Amylin 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 Saia, Inc (SAIA) had a total return adjusted 52 week high today of $20.84 per share and are currently trading at $21.17. The stock traded higher by 1.97% or $0.41/share to $21.17. The stock recorded a trading volume of 107628 today. This represents 1.49 times the average volume for Saia, 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 Church & Dwight Co. Inc (CHD) had a total return adjusted 52 week high today of $53.45 per share and are currently trading at $54.27. The stock traded higher by 2.03% or $1.08/share to $54.27. The stock recorded a trading volume of 454636 today. This represents 1.2 times the average volume for Church & Dwight Co. 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.
