Stocks hitting new 52 week highs on June 6 are Web.com Group, Inc, Pharmacyclics Inc, Susser Holdings Corporation, Triangle Capital Corporation, and B&G Foods 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 Web.com Group, Inc (WWWW) had a total return adjusted 52 week high today of $16.43 per share and are currently trading at $16.91. The stock traded higher by 7.83% or $1.23/share to $16.91. The stock recorded a trading volume of 671732 today. This represents 2.56 times the average volume for Web.com 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 Pharmacyclics Inc (PCYC) had a total return adjusted 52 week high today of $34.17 per share and are currently trading at $34.38. The stock traded higher by 0.84% or $0.29/share to $34.38. The stock recorded a trading volume of 643173 today. This represents 1.88 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 Susser Holdings Corporation (SUSS) had a total return adjusted 52 week high today of $31.12 per share and are currently trading at $31.35. The stock traded higher by 1.33% or $0.41/share to $31.35. The stock recorded a trading volume of 92546 today. This represents 1.32 times the average volume for Susser Holdings Corporation. 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 Triangle Capital Corporation (TCAP) had a total return adjusted 52 week high today of $20.50 per share and are currently trading at $20.88. The stock traded higher by 2.05% or $0.42/share to $20.88. The stock recorded a trading volume of 152180 today. This represents 1.6 times the average volume for Triangle Capital Corporation. 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 B&G Foods Inc (BGS) had a total return adjusted 52 week high today of $24.32 per share and are currently trading at $24.72. The stock traded higher by 2.57% or $0.62/share to $24.72. The stock recorded a trading volume of 405378 today. This represents 2.29 times the average volume for B&G Foods 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.
