Stocks hitting new 52 week highs on June 21 are Onyx Pharmaceuticals, Inc, Arena Pharmaceuticals, Inc, Pharmacyclics Inc, Pacira Pharmaceuticals Inc, and Osiris Therapeutics, 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 Onyx Pharmaceuticals, Inc (ONXX) had a total return adjusted 52 week high today of $47.80 per share and are currently trading at $62.54. The stock traded higher by 40.29% or $17.96/share to $62.54. The stock recorded a trading volume of 15105804 today. This represents 50.51 times the average volume for Onyx Pharmaceuticals, 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 Arena Pharmaceuticals, Inc (ARNA) had a total return adjusted 52 week high today of $10.50 per share and are currently trading at $11.31. The stock traded higher by 7.73% or $0.81/share to $11.31. The stock recorded a trading volume of 22707720 today. This represents 5.28 times the average volume for Arena Pharmaceuticals, 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 Pharmacyclics Inc (PCYC) had a total return adjusted 52 week high today of $45.05 per share and are currently trading at $46.80. The stock traded higher by 4.00% or $1.80/share to $46.80. The stock recorded a trading volume of 529496 today. This represents 2.88 times the average volume for Pharmacyclics 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 Pacira Pharmaceuticals Inc (PCRX) had a total return adjusted 52 week high today of $15.33 per share and are currently trading at $15.80. The stock traded higher by 3.88% or $0.59/share to $15.80. The stock recorded a trading volume of 218118 today. This represents 3.49 times the average volume for Pacira Pharmaceuticals 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 Osiris Therapeutics, Inc (OSIR) had a total return adjusted 52 week high today of $11.58 per share and are currently trading at $12.00. The stock traded higher by 8.33% or $0.92/share to $12.00. The stock recorded a trading volume of 370960 today. This represents 6.47 times the average volume for Osiris Therapeutics, 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.
