Stocks hitting new 52 week highs on May 8 are Vitamin Shoppe, Inc, Vertex Pharmaceuticals Incorporated, CaesarStone Sdot-Yam Ltd, Ellington Financial LLC, and NV Energy, 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 Vitamin Shoppe, Inc (VSI) had a total return adjusted 52 week high today of $49.27 per share and are currently trading at $50.54. The stock traded higher by 12.91% or $5.78/share to $50.54. The stock recorded a trading volume of 1899130 today. This represents 11.32 times the average volume for Vitamin Shoppe, 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 Vertex Pharmaceuticals Incorporated (VRTX) had a total return adjusted 52 week high today of $58.87 per share and are currently trading at $61.11. The stock traded higher by 5.14% or $2.99/share to $61.11. The stock recorded a trading volume of 8678618 today. This represents 5.88 times the average volume for Vertex Pharmaceuticals Incorporated. 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 CaesarStone Sdot-Yam Ltd (CSTE) had a total return adjusted 52 week high today of $13.43 per share and are currently trading at $13.07. The stock fell by 0.15% or $-0.02/share to $13.07. The stock recorded a trading volume of 485561 today. This represents 3.41 times the average volume for CaesarStone Sdot-Yam Ltd. 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 Ellington Financial LLC (EFC) had a total return adjusted 52 week high today of $21.27 per share and are currently trading at $21.15. The stock traded higher by 5.07% or $1.02/share to $21.15. The stock recorded a trading volume of 68389 today. This represents 4.55 times the average volume for Ellington Financial LLC. 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 NV Energy, Inc (NVE) had a total return adjusted 52 week high today of $16.87 per share and are currently trading at $17.00. The stock traded higher by 4.36% or $0.71/share to $17.00. The stock recorded a trading volume of 5666666 today. This represents 5.57 times the average volume for NV Energy, 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.
