Arena Pharmaceuticals, Merck &, Other Stocks Hit 52-Week Highs Thursday

Published June 21, 2012

| FOXBusiness

These stocks hit one-year highs:

  • While trading on above-average volume, Arena Pharmaceuticals (ARNA) climbed today, reaching and then surpassing its previous 52-week high of $10.50. Shares are trading at a volume of 33.9 million at a price spike of 7%. The stock is trading 79.7% above its 50-day moving average and 70.1% above its 200-day moving average.

  • While trading on below-average volume, Merck & (MRK) increased today, reaching and then surpassing its previous 52-week high of $39.50. It peaked at $39.79. On volume of 7.5 million shares, the stock has risen 1.3%. Shares have been on an upward trajectory over the past month, rising $2.26 (6%) from a price of $37.46 on May 22, 2012. The stock is trading 3.9% above its 50-day moving average and 5% above its 200-day moving average.

  • The share price of US Airways Group (LCC) rose today, reaching and then surpassing its previous 52-week high of $13.36. In spite of its performance and peak price of $13.78, the stock was trading on below-average volume. Shares have gained 3.2% on volume of 6.1 million shares. The stock is trading 16.8% above its 50-day moving average and 36% above its 200-day moving average.

  • While trading on below-average volume, Pharmacyclics (PCYC) climbed today, reaching and then surpassing its previous 52-week high of $45.05. It peaked at $48.49. While trading at a volume of 1.3 million, the stock price has risen 7.4%. The stock is trading 42.9% above its 50-day moving average and 47.7% above its 200-day moving average.

  • The share price of Osiris Therapeutics (OSIR) improved today, reaching and then surpassing its previous 52-week high of $11.58. The stock was trading on above-average volume. The stock is up 9.7% with 751,742 shares changing hands. The stock is trading 83.1% above its 50-day moving average and 54.8% above its 200-day moving average.

  • While trading on above-average volume, Smart Balance (SMBL) climbed today, reaching and then surpassing its previous 52-week high of $8.79. The stock price has risen 1.8% on a volume of 746,177 shares. The stock is trading 35.6% above its 50-day moving average and 32.6% above its 200-day moving average.

  • The share price of Pacira Pharmaceuticals (PCRX) went up today, reaching and then surpassing its previous 52-week high of $15.33. In spite of its performance and peak price of $15.94, the stock was trading on below-average volume. Shares have risen 2.5%, trading at a volume of 379,319 shares. The stock is trading 32.5% above its 50-day moving average and 33.1% above its 200-day moving average.

  • The share price of Medgenics Inc. Common Stock (MDGN) rose today, reaching and then surpassing its previous 52-week high of $8.80. The stock was trading on above-average volume. The stock price has gained 2.9% with 134,612 shares moving.

  • While trading on below-average volume, Tree.com (TREE) climbed today, reaching and then surpassing its previous 52-week high of $9.99. It peaked at $10.27. Shares are trading at a volume of 33,372 at a price rise of 2.6%. Over the last three months, the stock has gained $2.58 (34.2%) from a price of $7.55 on March 26, 2012. The stock is trading 14.2% above its 50-day moving average and 27.2% above its 200-day moving average.

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http://www.foxbusiness.com/markets/2012/06/21/arena-pharmaceuticals-merck-amp-other-stocks-hit-52-week-highs-thursday/