Stocks hitting new 52 week highs on May 1 are Monolithic Power Systems Inc, Allot Communications Ltd, Medidata Solutions, Inc, 3D Systems Corp, and Ecopetrol SA. 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 Monolithic Power Systems Inc (MPWR) had a total return adjusted 52 week high today of $21.09 per share and are currently trading at $21.97. The stock traded higher by 6.03% or $1.25/share to $21.97. The stock recorded a trading volume of 551720 today. This represents 4.28 times the average volume for Monolithic Power Systems 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 Allot Communications Ltd (ALLT) had a total return adjusted 52 week high today of $25.36 per share and are currently trading at $26.51. The stock traded higher by 8.03% or $1.97/share to $26.51. The stock recorded a trading volume of 682023 today. This represents 3.72 times the average volume for Allot Communications Ltd. 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 Medidata Solutions, Inc (MDSO) had a total return adjusted 52 week high today of $27.96 per share and are currently trading at $29.51. The stock traded higher by 13.89% or $3.60/share to $29.51. The stock recorded a trading volume of 449586 today. This represents 3.78 times the average volume for Medidata Solutions, 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 3D Systems Corp (DDD) had a total return adjusted 52 week high today of $29.84 per share and are currently trading at $30.89. The stock traded higher by 4.74% or $1.40/share to $30.89. The stock recorded a trading volume of 995989 today. This represents 2.69 times the average volume for 3D Systems Corp. 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 Ecopetrol SA (EC) had a total return adjusted 52 week high today of $64.85 per share and are currently trading at $67.34. The stock traded higher by 4.08% or $2.64/share to $67.34. The stock recorded a trading volume of 446350 today. This represents 1.72 times the average volume for Ecopetrol SA. 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.
