Stocks hitting new 52 week highs on July 12 are Alexander & Baldwin, Inc, Texas Industries Inc, Synageva BioPharma Corp, Headwaters Inc, and Quest Diagnostics 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 Alexander & Baldwin, Inc (ALEX) had a total return adjusted 52 week high today of $32.42 per share and are currently trading at $34.21. The stock traded higher by 6.51% or $2.09/share to $34.21. The stock recorded a trading volume of 1248301 today. This represents 4.22 times the average volume for Alexander & Baldwin, 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 Texas Industries Inc (TXI) had a total return adjusted 52 week high today of $42.11 per share and are currently trading at $43.40. The stock traded higher by 14.06% or $5.35/share to $43.40. The stock recorded a trading volume of 1499707 today. This represents 5.78 times the average volume for Texas Industries 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 Synageva BioPharma Corp (GEVA) had a total return adjusted 52 week high today of $45.98 per share and are currently trading at $47.00. The stock traded higher by 2.55% or $1.17/share to $47.00. The stock recorded a trading volume of 153120 today. This represents 1.13 times the average volume for Synageva BioPharma 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 Headwaters Inc (HW) had a total return adjusted 52 week high today of $5.74 per share and are currently trading at $5.77. The stock traded higher by 1.23% or $0.07/share to $5.77. The stock recorded a trading volume of 940748 today. This represents 1.52 times the average volume for Headwaters 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 Quest Diagnostics Inc (DGX) had a total return adjusted 52 week high today of $62.14 per share and are currently trading at $63.09. The stock traded higher by 3.80% or $2.31/share to $63.09. The stock recorded a trading volume of 4385446 today. This represents 4.04 times the average volume for Quest Diagnostics 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.
