Stocks hitting new 52 week highs on June 21 are US Airways Group, Inc, NV Energy, Inc, Texas Capital BancShares Inc, Smart Balance, Inc, and Sabra Health Care REIT, 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 US Airways Group, Inc (LCC) had a total return adjusted 52 week high today of $13.36 per share and are currently trading at $13.63. The stock traded higher by 4.60% or $0.60/share to $13.63. The stock recorded a trading volume of 3664024 today. This represents 1.89 times the average volume for US Airways Group, 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 NV Energy, Inc (NVE) had a total return adjusted 52 week high today of $17.76 per share and are currently trading at $17.76. The stock traded higher by 0.91% or $0.16/share to $17.76. The stock recorded a trading volume of 430643 today. This represents 0.79 times the average volume for NV Energy, 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 Texas Capital BancShares Inc (TCBI) had a total return adjusted 52 week high today of $41.14 per share and are currently trading at $41.06. The stock traded higher by 0.02% or $0.01/share to $41.06. The stock recorded a trading volume of 149654 today. This represents 1.71 times the average volume for Texas Capital BancShares 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 Smart Balance, Inc (SMBL) had a total return adjusted 52 week high today of $8.80 per share and are currently trading at $8.85. The stock traded higher by 0.80% or $0.07/share to $8.85. The stock recorded a trading volume of 545246 today. This represents 6.3 times the average volume for Smart Balance, 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 Sabra Health Care REIT, Inc (SBRA) had a total return adjusted 52 week high today of $16.63 per share and are currently trading at $16.83. The stock traded higher by 3.58% or $0.58/share to $16.83. The stock recorded a trading volume of 169073 today. This represents 2.31 times the average volume for Sabra Health Care REIT, 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.
