Stocks hitting new 52 week highs on May 3 are Quanta Services, Inc, Sunstone Hotel Investors Inc, Advisory Board Co, Allied World Assurance Company Holdings, AG, and Whole Foods Market, 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 Quanta Services, Inc (PWR) had a total return adjusted 52 week high today of $22.77 per share and are currently trading at $23.51. The stock traded higher by 3.89% or $0.88/share to $23.51. The stock recorded a trading volume of 2288725 today. This represents 4.19 times the average volume for Quanta Services, 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 Sunstone Hotel Investors Inc (SHO) had a total return adjusted 52 week high today of $10.55 per share and are currently trading at $10.83. The stock traded higher by 4.13% or $0.43/share to $10.83. The stock recorded a trading volume of 1817340 today. This represents 4.54 times the average volume for Sunstone Hotel Investors 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 Advisory Board Co (ABCO) had a total return adjusted 52 week high today of $93.03 per share and are currently trading at $97.80. The stock traded higher by 6.80% or $6.23/share to $97.80. The stock recorded a trading volume of 73961 today. This represents 1.84 times the average volume for Advisory Board Co. 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 Allied World Assurance Company Holdings, AG (AWH) had a total return adjusted 52 week high today of $73.38 per share and are currently trading at $74.84. The stock traded higher by 2.31% or $1.69/share to $74.84. The stock recorded a trading volume of 154549 today. This represents 1.94 times the average volume for Allied World Assurance Company Holdings, AG. 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 Whole Foods Market, Inc (WFM) had a total return adjusted 52 week high today of $86.21 per share and are currently trading at $90.40. The stock traded higher by 7.22% or $6.09/share to $90.40. The stock recorded a trading volume of 4210693 today. This represents 7.98 times the average volume for Whole Foods Market, 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.
