Stocks hitting new 52 week highs on May 2 are Aspen Technology, Inc, DR Horton Inc, PulteGroup, Inc, Protalix BioTherapeutics, Inc, and Lennar Corp. 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 Aspen Technology, Inc (AZPN) had a total return adjusted 52 week high today of $21.87 per share and are currently trading at $22.97. The stock traded higher by 17.49% or $3.42/share to $22.97. The stock recorded a trading volume of 1467793 today. This represents 7.29 times the average volume for Aspen Technology, 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 DR Horton Inc (DHI) had a total return adjusted 52 week high today of $16.78 per share and are currently trading at $17.52. The stock traded higher by 5.23% or $0.87/share to $17.52. The stock recorded a trading volume of 10829207 today. This represents 2.89 times the average volume for DR Horton 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 PulteGroup, Inc (PHM) had a total return adjusted 52 week high today of $10.19 per share and are currently trading at $10.55. The stock traded higher by 5.18% or $0.52/share to $10.55. The stock recorded a trading volume of 12844615 today. This represents 2.29 times the average volume for PulteGroup, 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 Protalix BioTherapeutics, Inc (PLX) had a total return adjusted 52 week high today of $7.33 per share and are currently trading at $7.08. The stock traded higher by 14.38% or $0.89/share to $7.08. The stock recorded a trading volume of 9395243 today. This represents 41.17 times the average volume for Protalix BioTherapeutics, 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 Lennar Corp (LEN) had a total return adjusted 52 week high today of $28.75 per share and are currently trading at $29.76. The stock traded higher by 5.31% or $1.50/share to $29.76. The stock recorded a trading volume of 6547536 today. This represents 2.32 times the average volume for Lennar 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.
