Stocks hitting new 52 week highs on May 21 are West Pharmaceutical Services, Inc, AT&T, Inc, and FirstEnergy 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 West Pharmaceutical Services, Inc (WST) had a total return adjusted 52 week high today of $45.92 per share and are currently trading at $45.75. The stock traded higher by 2.21% or $0.99/share to $45.75. The stock recorded a trading volume of 71969 today. This represents 1.28 times the average volume for West Pharmaceutical Services, 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 AT&T, Inc (T) had a total return adjusted 52 week high today of $33.92 per share and are currently trading at $33.59. The stock fell by 0.21% or $-0.07/share to $33.59. The stock recorded a trading volume of 10756568 today. This represents 1.02 times the average volume for AT&T, 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 FirstEnergy Corp (FE) had a total return adjusted 52 week high today of $47.99 per share and are currently trading at $47.72. The stock fell by 0.17% or $-0.08/share to $47.72. The stock recorded a trading volume of 1225314 today. This represents 1.06 times the average volume for FirstEnergy 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.
