Stocks hitting new 52 week highs on May 15 are Nationstar Mortgage Holdings Inc, United Fire & Casualty Company, Standard Pacific Corp, Genomic Health Inc, and Dean Foods Company. 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 Nationstar Mortgage Holdings Inc (NSM) had a total return adjusted 52 week high today of $16.18 per share and are currently trading at $15.95. The stock traded higher by 1.66% or $0.26/share to $15.95. The stock recorded a trading volume of 419128 today. This represents 1.39 times the average volume for Nationstar Mortgage Holdings 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 United Fire & Casualty Company (UFCS) had a total return adjusted 52 week high today of $21.10 per share and are currently trading at $21.35. The stock traded higher by 2.55% or $0.53/share to $21.35. The stock recorded a trading volume of 24183 today. This represents 0.76 times the average volume for United Fire & Casualty Company. 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 Standard Pacific Corp (SPF) had a total return adjusted 52 week high today of $5.67 per share and are currently trading at $5.72. The stock traded higher by 5.15% or $0.28/share to $5.72. The stock recorded a trading volume of 3123141 today. This represents 1.74 times the average volume for Standard Pacific 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 Genomic Health Inc (GHDX) had a total return adjusted 52 week high today of $34.02 per share and are currently trading at $34.44. The stock traded higher by 1.38% or $0.47/share to $34.44. The stock recorded a trading volume of 197250 today. This represents 2.57 times the average volume for Genomic Health 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 $14.70 per share and are currently trading at $14.85. The stock traded higher by 2.38% or $0.35/share to $14.85. The stock recorded a trading volume of 2311828 today. This represents 1.74 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.
