Stocks hitting new 52 week highs on May 4 are US Airways Group, Inc, Perficient Inc, Regency Centers Corporation, Church & Dwight Co. Inc, and Zumiez, 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 US Airways Group, Inc (LCC) had a total return adjusted 52 week high today of $10.75 per share and are currently trading at $10.93. The stock traded higher by 2.05% or $0.22/share to $10.93. The stock recorded a trading volume of 2849420 today. This represents 1.24 times the average volume for US Airways Group, 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 Perficient Inc (PRFT) had a total return adjusted 52 week high today of $12.80 per share and are currently trading at $12.86. The stock traded higher by 2.96% or $0.37/share to $12.86. The stock recorded a trading volume of 36847 today. This represents 1.35 times the average volume for Perficient 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 Regency Centers Corporation (REG) had a total return adjusted 52 week high today of $47.07 per share and are currently trading at $46.71. The stock fell by 0.23% or $-0.11/share to $46.71. The stock recorded a trading volume of 153650 today. This represents 0.88 times the average volume for Regency Centers 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 Church & Dwight Co. Inc (CHD) had a total return adjusted 52 week high today of $51.58 per share and are currently trading at $51.57. The stock traded higher by 0.31% or $0.16/share to $51.57. The stock recorded a trading volume of 197665 today. This represents 0.92 times the average volume for Church & Dwight Co. 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 Zumiez, Inc (ZUMZ) had a total return adjusted 52 week high today of $38.79 per share and are currently trading at $38.49. The stock traded higher by 1.85% or $0.70/share to $38.49. The stock recorded a trading volume of 82277 today. This represents 0.71 times the average volume for Zumiez, 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.
