Stocks hitting new 52 week highs on May 3 are Valeant Pharmaceuticals International, Inc, Concur Technologies, Inc, DXP Enterprises, Inc, MWI Veterinary Supply, Inc, and American Tower Corporation. 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 Valeant Pharmaceuticals International, Inc (VRX) had a total return adjusted 52 week high today of $57.24 per share and are currently trading at $54.56. The stock fell by 3.35% or $-1.89/share to $54.56. The stock recorded a trading volume of 4136937 today. This represents 8.72 times the average volume for Valeant Pharmaceuticals International, 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 Concur Technologies, Inc (CNQR) had a total return adjusted 52 week high today of $62.60 per share and are currently trading at $64.19. The stock traded higher by 10.71% or $6.21/share to $64.19. The stock recorded a trading volume of 1078763 today. This represents 6.61 times the average volume for Concur Technologies, 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 DXP Enterprises, Inc (DXPE) had a total return adjusted 52 week high today of $47.39 per share and are currently trading at $48.54. The stock traded higher by 3.30% or $1.55/share to $48.54. The stock recorded a trading volume of 98948 today. This represents 3.31 times the average volume for DXP Enterprises, 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 MWI Veterinary Supply, Inc (MWIV) had a total return adjusted 52 week high today of $96.68 per share and are currently trading at $99.72. The stock traded higher by 5.42% or $5.13/share to $99.72. The stock recorded a trading volume of 38867 today. This represents 2.01 times the average volume for MWI Veterinary Supply, 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 American Tower Corporation (AMT) had a total return adjusted 52 week high today of $66.12 per share and are currently trading at $67.26. The stock traded higher by 2.03% or $1.34/share to $67.26. The stock recorded a trading volume of 2107049 today. This represents 2.31 times the average volume for American Tower 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.
