Stocks hitting new 52 week highs on May 14 are Nationstar Mortgage Holdings Inc, Bona Film Group Limited, Medivation, Inc, US Airways Group, Inc, and Genomic Health 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 Nationstar Mortgage Holdings Inc (NSM) had a total return adjusted 52 week high today of $15.20 per share and are currently trading at $15.93. The stock traded higher by 7.31% or $1.09/share to $15.93. The stock recorded a trading volume of 402133 today. This represents 1.5 times the average volume for Nationstar Mortgage Holdings 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 Bona Film Group Limited (BONA) had a total return adjusted 52 week high today of $6.30 per share and are currently trading at $6.30. The stock traded higher by 5.35% or $0.32/share to $6.30. The stock recorded a trading volume of 194517 today. This represents 5.57 times the average volume for Bona Film Group Limited. 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 Medivation, Inc (MDVN) had a total return adjusted 52 week high today of $84.42 per share and are currently trading at $86.38. The stock traded higher by 4.08% or $3.39/share to $86.38. The stock recorded a trading volume of 819634 today. This represents 2.72 times the average volume for Medivation, 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 $11.47 per share and are currently trading at $11.49. The stock traded higher by 1.50% or $0.17/share to $11.49. The stock recorded a trading volume of 4057405 today. This represents 1.09 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 Genomic Health Inc (GHDX) had a total return adjusted 52 week high today of $32.03 per share and are currently trading at $32.37. The stock traded higher by 3.32% or $1.04/share to $32.37. The stock recorded a trading volume of 115023 today. This represents 1.69 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.