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Thursday, June 28, 2012

Stocks at 52 Week Highs: (TMH), (CLGX), (ELLI), (NSM), (CYH)

Stocks hitting new 52 week highs on June 28 are Team Health Holdings, Inc, CoreLogic, Inc, Ellie Mae, Inc. Common Stock, Nationstar Mortgage Holdings Inc, and Community Health Systems, 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 Team Health Holdings, Inc (TMH) had a total return adjusted 52 week high today of $24.13 per share and are currently trading at $25.19. The stock traded higher by 7.60% or $1.78/share to $25.19. The stock recorded a trading volume of 477658 today. This represents 11.27 times the average volume for Team Health Holdings, 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 CoreLogic, Inc (CLGX) had a total return adjusted 52 week high today of $17.93 per share and are currently trading at $17.86. The stock traded higher by 2.64% or $0.46/share to $17.86. The stock recorded a trading volume of 568215 today. This represents 2.91 times the average volume for CoreLogic, 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 Ellie Mae, Inc. Common Stock (ELLI) had a total return adjusted 52 week high today of $17.62 per share and are currently trading at $17.35. The stock traded higher by 1.88% or $0.32/share to $17.35. The stock recorded a trading volume of 1613088 today. This represents 32.45 times the average volume for Ellie Mae, Inc. Common Stock. 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 Nationstar Mortgage Holdings Inc (NSM) had a total return adjusted 52 week high today of $20.56 per share and are currently trading at $20.84. The stock traded higher by 1.86% or $0.38/share to $20.84. The stock recorded a trading volume of 288003 today. This represents 2.21 times the average volume for Nationstar Mortgage Holdings 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 Community Health Systems, Inc (CYH) had a total return adjusted 52 week high today of $27.63 per share and are currently trading at $27.28. The stock traded higher by 7.02% or $1.79/share to $27.28. The stock recorded a trading volume of 2997024 today. This represents 8.91 times the average volume for Community Health Systems, 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.