Stocks hitting new 52 week highs on July 27 are NetSuite Inc, Alnylam Pharmaceuticals, Inc, Amgen Inc, NetScout Systems, Inc, and 3D Systems Corp. 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 NetSuite Inc (N) had a total return adjusted 52 week high today of $56.06 per share and are currently trading at $57.25. The stock traded higher by 15.84% or $7.83/share to $57.25. The stock recorded a trading volume of 1453480 today. This represents 5.26 times the average volume for NetSuite 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 Alnylam Pharmaceuticals, Inc (ALNY) had a total return adjusted 52 week high today of $19.97 per share and are currently trading at $20.46. The stock traded higher by 7.91% or $1.50/share to $20.46. The stock recorded a trading volume of 274670 today. This represents 1.06 times the average volume for Alnylam Pharmaceuticals, 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 Amgen Inc (AMGN) had a total return adjusted 52 week high today of $80.25 per share and are currently trading at $82.42. The stock traded higher by 3.95% or $3.13/share to $82.42. The stock recorded a trading volume of 7506507 today. This represents 3.31 times the average volume for Amgen 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 NetScout Systems, Inc (NTCT) had a total return adjusted 52 week high today of $23.76 per share and are currently trading at $23.95. The stock traded higher by 2.44% or $0.57/share to $23.95. The stock recorded a trading volume of 100446 today. This represents 0.76 times the average volume for NetScout Systems, 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 3D Systems Corp (DDD) had a total return adjusted 52 week high today of $37.00 per share and are currently trading at $36.88. The stock traded higher by 7.90% or $2.70/share to $36.88. The stock recorded a trading volume of 789361 today. This represents 1.59 times the average volume for 3D Systems Corp. 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.
