Stocks hitting new 52 week highs on May 24 are AFC Enterprises Inc, US Airways Group, Inc, Saia, Inc, West Pharmaceutical Services, Inc, and PetSmart, 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 AFC Enterprises Inc (AFCE) had a total return adjusted 52 week high today of $18.27 per share and are currently trading at $20.10. The stock traded higher by 10.99% or $1.99/share to $20.10. The stock recorded a trading volume of 270203 today. This represents 12.25 times the average volume for AFC 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 US Airways Group, Inc (LCC) had a total return adjusted 52 week high today of $11.73 per share and are currently trading at $12.17. The stock traded higher by 10.63% or $1.17/share to $12.17. The stock recorded a trading volume of 9020908 today. This represents 3.56 times the average volume for US Airways Group, 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 Saia, Inc (SAIA) had a total return adjusted 52 week high today of $21.29 per share and are currently trading at $21.67. The stock traded higher by 3.83% or $0.80/share to $21.67. The stock recorded a trading volume of 101458 today. This represents 2.08 times the average volume for Saia, 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 West Pharmaceutical Services, Inc (WST) had a total return adjusted 52 week high today of $46.35 per share and are currently trading at $46.97. The stock traded higher by 2.04% or $0.94/share to $46.97. The stock recorded a trading volume of 65199 today. This represents 1.38 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 PetSmart, Inc (PETM) had a total return adjusted 52 week high today of $63.19 per share and are currently trading at $63.60. The stock traded higher by 1.08% or $0.68/share to $63.60. The stock recorded a trading volume of 1117896 today. This represents 3.15 times the average volume for PetSmart, 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.
