Stocks hitting new 52 week highs on June 21 are LeapFrog Enterprises Inc, ASML Holding NV, Dean Foods Company, Ocwen Financial Corp, and IDEXX Laboratories, 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 LeapFrog Enterprises Inc (LF) had a total return adjusted 52 week high today of $10.78 per share and are currently trading at $10.66. The stock traded higher by 3.80% or $0.39/share to $10.66. The stock recorded a trading volume of 754783 today. This represents 3.98 times the average volume for LeapFrog Enterprises 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 ASML Holding NV (ASML) had a total return adjusted 52 week high today of $51.61 per share and are currently trading at $51.57. The stock traded higher by 2.02% or $1.02/share to $51.57. The stock recorded a trading volume of 948139 today. This represents 2.12 times the average volume for ASML Holding NV. 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 Dean Foods Company (DF) had a total return adjusted 52 week high today of $16.82 per share and are currently trading at $16.99. The stock traded higher by 1.01% or $0.17/share to $16.99. The stock recorded a trading volume of 942814 today. This represents 1.29 times the average volume for Dean Foods Company. 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 Ocwen Financial Corp (OCN) had a total return adjusted 52 week high today of $18.11 per share and are currently trading at $18.25. The stock traded higher by 0.77% or $0.14/share to $18.25. The stock recorded a trading volume of 353051 today. This represents 1.27 times the average volume for Ocwen Financial Corp. 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 IDEXX Laboratories, Inc (IDXX) had a total return adjusted 52 week high today of $95.00 per share and are currently trading at $95.18. The stock traded higher by 0.34% or $0.32/share to $95.18. The stock recorded a trading volume of 91793 today. This represents 1.55 times the average volume for IDEXX Laboratories, 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.
