Stocks hitting new 52 week highs on May 28 are Quest Software Inc, AFC Enterprises Inc, Acadia Healthcare Company, Inc, Toro Co, and Foot Locker, 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 Quest Software Inc (QSFT) had a total return adjusted 52 week high today of $25.51 per share and are currently trading at $25.15. The stock fell by 0.12% or $-0.03/share to $25.15. The stock recorded a trading volume of 3276354 today. This represents 3.28 times the average volume for Quest Software 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 AFC Enterprises Inc (AFCE) had a total return adjusted 52 week high today of $21.41 per share and are currently trading at $21.69. The stock traded higher by 4.03% or $0.84/share to $21.69. The stock recorded a trading volume of 218025 today. This represents 2.83 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 Acadia Healthcare Company, Inc (ACHC) had a total return adjusted 52 week high today of $18.00 per share and are currently trading at $18.03. The stock traded higher by 5.07% or $0.87/share to $18.03. The stock recorded a trading volume of 212062 today. This represents 1.52 times the average volume for Acadia Healthcare Company, 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 Toro Co (TTC) had a total return adjusted 52 week high today of $74.85 per share and are currently trading at $74.86. The stock traded higher by 0.23% or $0.17/share to $74.86. The stock recorded a trading volume of 443526 today. This represents 2.14 times the average volume for Toro Co. 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 Foot Locker, Inc (FL) had a total return adjusted 52 week high today of $32.36 per share and are currently trading at $32.42. The stock traded higher by 0.34% or $0.11/share to $32.42. The stock recorded a trading volume of 2740037 today. This represents 1.12 times the average volume for Foot Locker, 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.
