Wal-Mart Stores, Arena Pharmaceuticals Among Stocks Hitting 52-Week Highs Wednesday

Published June 20, 2012

| FOXBusiness

These stocks struck one-year highs:

  • While trading on below-average volume, Wal-Mart Stores (WMT) improved today, reaching and then surpassing its previous 52-week high of $68.48. It peaked at $68.54. Shares increased 1% on volume of 8.8 million. Shares are up over the last two months, having risen $8.98 (15.1%) from a price of $59.54 on April 23, 2012. The stock is trading 6.9% above its 50-day moving average and 11.1% above its 200-day moving average.

  • The share price of Arena Pharmaceuticals (ARNA) went up today, reaching and then surpassing its previous 52-week high of $10.34. The stock was trading on above-average volume. Shares rose 8.2%, moving with volume of 29.8 million shares. The stock is trading 74.1% above its 50-day moving average and 68.7% above its 200-day moving average.

  • The share price of Dean Foods (DF) increased today, reaching and then surpassing its previous 52-week high of $16.74. In spite of its performance and peak price of $16.82, the stock was trading on below-average volume. On volume of 3.3 million shares, the stock price went up 1.9%. The stock is trading 13.4% above its 50-day moving average and 26.2% above its 200-day moving average.

  • While trading on above-average volume, Texas Capital (TCBI) climbed today, reaching and then surpassing its previous 52-week high of $40.70. With a volume of 895,398, the stock price improved 2.6%. The stock has been on the rise in the last two months, up $7.53 (22.5%) from a price of $33.52 on April 23, 2012. The stock is trading 8.6% above its 50-day moving average and 17% above its 200-day moving average.

  • The share price of Smart Balance (SMBL) climbed today, reaching and then surpassing its previous 52-week high of $8.45. The stock was trading on above-average volume. After trading at a volume of 897,590, the stock price went up 5.5%. The stock is trading 35.2% above its 50-day moving average and 31.7% above its 200-day moving average.

  • While trading on above-average volume, Grand Canyon Education (LOPE) climbed today, reaching and then surpassing its previous 52-week high of $19.03. The stock price improved 1.1% with a volume of 359,670. Over the last two months, shares have shown some positive movement as the price has climbed $2.41 (14.5%) from a price of $16.64 on April 23, 2012. The stock is trading 5.7% above its 50-day moving average and 9.8% above its 200-day moving average.

  • While trading on below-average volume, Myers Industries (MYE) rose today, reaching and then surpassing its previous 52-week high of $17.81. It peaked at $17.98. Shares climbed 1.1%, trading at a volume of 166,683 shares. Shares have been on on the rise over the past three months, climbing $1.30 (7.8%) from a price of $16.58 on May 21, 2012. The stock is trading 7% above its 50-day moving average and 17.4% above its 200-day moving average.

  • The share price of Great Southern Bancorp (GSBC) went up today, reaching and then surpassing its previous 52-week high of $25.29. The stock was trading on above-average volume. On volume of 51,936 shares, shares rose 2.7%. The stock has been on an upward trajectory over the last two months, climbing $3.42 (15.5%) from a price of $22.08 on April 23, 2012. The stock is trading 9% above its 50-day moving average and 10.1% above its 200-day moving average.

  • The share price of NewStar Financial (NEWS) climbed today, reaching and then surpassing its previous 52-week high of $12.13. In spite of its performance and peak price of $12.21, the stock was trading on below-average volume. With a volume of 48,941, the stock price improved 1.4%.

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http://www.foxbusiness.com/markets/2012/06/20/wal-mart-stores-arena-pharmaceuticals-among-stocks-hitting-52-week-highs/