Stocks hitting new 52 week highs on July 19 are PPG Industries Inc, Harbinger Group Inc, Union Pacific Corporation, Toro Co, and Total System Services, 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 PPG Industries Inc (PPG) had a total return adjusted 52 week high today of $107.35 per share and are currently trading at $109.66. The stock traded higher by 5.25% or $5.47/share to $109.66. The stock recorded a trading volume of 2637746 today. This represents 4.31 times the average volume for PPG 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 Harbinger Group Inc (HRG) had a total return adjusted 52 week high today of $8.33 per share and are currently trading at $8.54. The stock traded higher by 2.64% or $0.22/share to $8.54. The stock recorded a trading volume of 79154 today. This represents 0.68 times the average volume for Harbinger Group Inc. Lower than average volume can mean the new high may not represent the stock's true value. Investors may want to watch out for this stock adjusting back down to its true value.
Shares of Union Pacific Corporation (UNP) had a total return adjusted 52 week high today of $119.94 per share and are currently trading at $122.95. The stock traded higher by 3.67% or $4.35/share to $122.95. The stock recorded a trading volume of 3418833 today. This represents 2.34 times the average volume for Union Pacific Corporation. 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 Toro Co (TTC) had a total return adjusted 52 week high today of $39.23 per share and are currently trading at $39.96. The stock traded higher by 2.90% or $1.13/share to $39.96. The stock recorded a trading volume of 536573 today. This represents 1.99 times the average volume for Toro Co. 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 Total System Services, Inc (TSS) had a total return adjusted 52 week high today of $24.40 per share and are currently trading at $24.26. The stock traded higher by 2.02% or $0.48/share to $24.26. The stock recorded a trading volume of 1462209 today. This represents 1.92 times the average volume for Total System Services, 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.
