Stocks hitting new 52 week highs on July 3 are Navidea Biopharmaceuticals, Inc, Theravance Inc, Acadia Healthcare Company, Inc, RailAmerica, Inc, and Smart Balance, 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 Navidea Biopharmaceuticals, Inc (NAVB) had a total return adjusted 52 week high today of $4.09 per share and are currently trading at $4.28. The stock traded higher by 4.65% or $0.19/share to $4.28. The stock recorded a trading volume of 1085181 today. This represents 6.07 times the average volume for Navidea Biopharmaceuticals, 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 Theravance Inc (THRX) had a total return adjusted 52 week high today of $25.40 per share and are currently trading at $26.68. The stock traded higher by 7.97% or $1.97/share to $26.68. The stock recorded a trading volume of 348588 today. This represents 2.02 times the average volume for Theravance 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 Acadia Healthcare Company, Inc (ACHC) had a total return adjusted 52 week high today of $18.59 per share and are currently trading at $19.45. The stock traded higher by 6.02% or $1.10/share to $19.45. The stock recorded a trading volume of 109620 today. This represents 1.09 times the average volume for Acadia Healthcare Company, 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 RailAmerica, Inc (RA) had a total return adjusted 52 week high today of $24.73 per share and are currently trading at $25.70. The stock traded higher by 4.30% or $1.06/share to $25.70. The stock recorded a trading volume of 177743 today. This represents 2.37 times the average volume for RailAmerica, 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 $10.03 per share and are currently trading at $10.32. The stock traded higher by 3.20% or $0.32/share to $10.32. The stock recorded a trading volume of 489166 today. This represents 2.82 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.
