Stocks hitting new 52 week highs on May 9 are Walt Disney Co, Quest Software Inc, Crosstex Energy Inc, Dean Foods Company, and Casey's General Stores 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 Walt Disney Co (DIS) had a total return adjusted 52 week high today of $44.50 per share and are currently trading at $45.31. The stock traded higher by 2.28% or $1.01/share to $45.31. The stock recorded a trading volume of 12508236 today. This represents 4.96 times the average volume for Walt Disney 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 Quest Software Inc (QSFT) had a total return adjusted 52 week high today of $24.68 per share and are currently trading at $25.00. The stock traded higher by 9.46% or $2.16/share to $25.00. The stock recorded a trading volume of 3319214 today. This represents 11.57 times the average volume for Quest Software 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 Crosstex Energy Inc (XTXI) had a total return adjusted 52 week high today of $15.20 per share and are currently trading at $15.44. The stock traded higher by 2.46% or $0.37/share to $15.44. The stock recorded a trading volume of 101650 today. This represents 1.48 times the average volume for Crosstex Energy 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 Dean Foods Company (DF) had a total return adjusted 52 week high today of $13.90 per share and are currently trading at $13.94. The stock traded higher by 9.63% or $1.22/share to $13.94. The stock recorded a trading volume of 5210197 today. This represents 7.45 times the average volume for Dean Foods 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.
Shares of Casey's General Stores Inc (CASY) had a total return adjusted 52 week high today of $59.35 per share and are currently trading at $59.70. The stock traded higher by 1.20% or $0.71/share to $59.70. The stock recorded a trading volume of 81251 today. This represents 1.3 times the average volume for Casey's General Stores 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.
