Stocks hitting new 52 week highs on August 22 are American Eagle Outfitters, Inc, Toll Brothers Inc, Stewart Information Services Corp, Aspen Technology, Inc, and Discover Financial Services. 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 American Eagle Outfitters, Inc (AEO) had a total return adjusted 52 week high today of $21.53 per share and are currently trading at $22.28. The stock traded higher by 6.96% or $1.45/share to $22.28. The stock recorded a trading volume of 10228736 today. This represents 3.39 times the average volume for American Eagle Outfitters, 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 Toll Brothers Inc (TOL) had a total return adjusted 52 week high today of $32.51 per share and are currently trading at $33.02. The stock traded higher by 3.80% or $1.21/share to $33.02. The stock recorded a trading volume of 8465130 today. This represents 3.04 times the average volume for Toll Brothers 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 Stewart Information Services Corp (STC) had a total return adjusted 52 week high today of $18.84 per share and are currently trading at $19.31. The stock traded higher by 4.55% or $0.84/share to $19.31. The stock recorded a trading volume of 132739 today. This represents 1.35 times the average volume for Stewart Information Services 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 Aspen Technology, Inc (AZPN) had a total return adjusted 52 week high today of $24.11 per share and are currently trading at $24.02. The stock traded higher by 1.56% or $0.37/share to $24.02. The stock recorded a trading volume of 1016774 today. This represents 2.65 times the average volume for Aspen Technology, 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 Discover Financial Services (DFS) had a total return adjusted 52 week high today of $38.02 per share and are currently trading at $38.40. The stock traded higher by 3.78% or $1.40/share to $38.40. The stock recorded a trading volume of 6114632 today. This represents 1.74 times the average volume for Discover Financial Services. 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.
