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Thursday, September 20, 2012

Making New Highs: (APOG), (SKT), (CAG), (WD), (LSE)

Stocks hitting new 52 week highs on September 20 are Apogee Enterprises, Inc, Tanger Factory Outlet Centers Inc, ConAgra Foods, Inc, Walker & Dunlop, Inc, and CapLease, 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 Apogee Enterprises, Inc (APOG) had a total return adjusted 52 week high today of $17.99 per share and are currently trading at $20.36. The stock traded higher by 15.55% or $2.74/share to $20.36. The stock recorded a trading volume of 377258 today. This represents 8.68 times the average volume for Apogee Enterprises, 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 Tanger Factory Outlet Centers Inc (SKT) had a total return adjusted 52 week high today of $34.09 per share and are currently trading at $32.80. The stock fell by 1.18% or $-0.39/share to $32.80. The stock recorded a trading volume of 285012 today. This represents 1.46 times the average volume for Tanger Factory Outlet Centers 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 ConAgra Foods, Inc (CAG) had a total return adjusted 52 week high today of $26.57 per share and are currently trading at $27.26. The stock traded higher by 6.28% or $1.61/share to $27.26. The stock recorded a trading volume of 9732755 today. This represents 8.4 times the average volume for ConAgra Foods, 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 Walker & Dunlop, Inc (WD) had a total return adjusted 52 week high today of $15.59 per share and are currently trading at $15.87. The stock traded higher by 2.52% or $0.39/share to $15.87. The stock recorded a trading volume of 32246 today. This represents 2.11 times the average volume for Walker & Dunlop, 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 CapLease, Inc (LSE) had a total return adjusted 52 week high today of $5.27 per share and are currently trading at $5.21. The stock traded higher by 0.19% or $0.01/share to $5.21. The stock recorded a trading volume of 204436 today. This represents 3.55 times the average volume for CapLease, 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.