Stocks hitting new 52 week highs on May 10 are Bona Film Group Limited, Hilltop Holdings Inc, Amerisafe, Inc, Susser Holdings Corporation, and Archer Daniels Midland Company. 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 Bona Film Group Limited (BONA) had a total return adjusted 52 week high today of $6.09 per share and are currently trading at $5.98. The stock traded higher by 1.36% or $0.08/share to $5.98. The stock recorded a trading volume of 115409 today. This represents 3.7 times the average volume for Bona Film Group Limited. 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 Hilltop Holdings Inc (HTH) had a total return adjusted 52 week high today of $10.02 per share and are currently trading at $10.31. The stock traded higher by 5.74% or $0.56/share to $10.31. The stock recorded a trading volume of 487473 today. This represents 10.32 times the average volume for Hilltop Holdings 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 Amerisafe, Inc (AMSF) had a total return adjusted 52 week high today of $27.75 per share and are currently trading at $26.48. The stock traded higher by 0.34% or $0.09/share to $26.48. The stock recorded a trading volume of 66107 today. This represents 2.15 times the average volume for Amerisafe, 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 Susser Holdings Corporation (SUSS) had a total return adjusted 52 week high today of $29.94 per share and are currently trading at $30.26. The stock traded higher by 2.33% or $0.69/share to $30.26. The stock recorded a trading volume of 76923 today. This represents 1.25 times the average volume for Susser Holdings Corporation. 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 Archer Daniels Midland Company (ADM) had a total return adjusted 52 week high today of $33.30 per share and are currently trading at $33.83. The stock traded higher by 3.58% or $1.17/share to $33.83. The stock recorded a trading volume of 4590303 today. This represents 2.57 times the average volume for Archer Daniels Midland Company. 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.
