Stocks hitting new 52 week highs on June 29 are AZZ Incorporated, Orexigen Therapeutics, Inc, Constellation Brands Inc, Standard Pacific Corp, and Builders FirstSource, 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 AZZ Incorporated (AZZ) had a total return adjusted 52 week high today of $54.64 per share and are currently trading at $58.59. The stock traded higher by 14.17% or $7.27/share to $58.59. The stock recorded a trading volume of 163041 today. This represents 5.69 times the average volume for AZZ 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 Orexigen Therapeutics, Inc (OREX) had a total return adjusted 52 week high today of $5.95 per share and are currently trading at $5.74. The stock fell by 2.71% or $-0.16/share to $5.74. The stock recorded a trading volume of 13199767 today. This represents 14.54 times the average volume for Orexigen 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.
Shares of Constellation Brands Inc (STZ) had a total return adjusted 52 week high today of $24.87 per share and are currently trading at $26.95. The stock traded higher by 23.85% or $5.19/share to $26.95. The stock recorded a trading volume of 8104594 today. This represents 5.9 times the average volume for Constellation Brands 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 Standard Pacific Corp (SPF) had a total return adjusted 52 week high today of $5.90 per share and are currently trading at $6.24. The stock traded higher by 6.30% or $0.37/share to $6.24. The stock recorded a trading volume of 3497104 today. This represents 1.95 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 Builders FirstSource, Inc (BLDR) had a total return adjusted 52 week high today of $4.67 per share and are currently trading at $4.86. The stock traded higher by 4.40% or $0.20/share to $4.86. The stock recorded a trading volume of 343580 today. This represents 2.23 times the average volume for Builders FirstSource, 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.
