Sprint Nextel, LyondellBasell Industries, Other Stocks Hit 52-Week Highs Wednesday

Published August 08, 2012

| FOXBusiness

These are the nine most popular stocks that rose to 52-week highs:

  • The share price of Sprint Nextel (S) improved today, reaching and then surpassing its previous 52-week high of $4.60. In spite of its performance and peak price of $4.63, the stock was trading on below-average volume. Shares increased 7%, trading at a volume of 72.2 million shares. The stock has moved up across its 50-day moving average of $4.55 today.

  • While trading on below-average volume, LyondellBasell Industries (LYB) went up today, reaching and then surpassing its previous 52-week high of $47.04. It peaked at $47.44. Shares rose 1.1%, moving with volume of 2.6 million shares. The stock has been on an upward trajectory over the last two months, increasing $10.15 (27.4%) from a price of $37.06 on June 11, 2012. The stock is trading 13% above its 50-day moving average and 13.5% above its 200-day moving average.

  • The share price of Mellanox Technologies (MLNX) increased today, reaching and then surpassing its previous 52-week high of $108.93. In spite of its performance and peak price of $111.18, the stock was trading on below-average volume. After trading at a volume of 795,576, the stock price went up 3.6%. The stock is trading 31.2% above its 50-day moving average and 46.7% above its 200-day moving average.

  • The share price of InterOil Corporation (IOC) rose today, reaching and then surpassing its previous 52-week high of $89.82. The stock was trading on above-average volume. Shares increased 5.1% on volume of 728,020. The stock is trading 19.5% above its 50-day moving average and 29.3% above its 200-day moving average.

  • While trading on below-average volume, VeriSign (VRSN) improved today, reaching and then surpassing its previous 52-week high of $46.16. It peaked at $46.58. On volume of 1.4 million shares, shares went up 1.4%. The stock has been on the rise in the last two months, up $6.90 (17.4%) from a price of $39.60 on June 11, 2012. The stock is trading 6.8% above its 50-day moving average and 13.6% above its 200-day moving average.

  • While trading on above-average volume, BCE (BCE) climbed today, reaching and then surpassing its previous 52-week high of $43.48. On volume of 1.4 million shares, the stock price climbed 2.8%. Shares are up over the last two months, having risen $4.07 (10.1%) from a price of $40.49 on June 11, 2012. The stock is trading 7.1% above its 50-day moving average and 8.6% above its 200-day moving average.

  • The share price of Western Refining (WNR) increased today, reaching and then surpassing its previous 52-week high of $26.42. In spite of its performance and peak price of $26.80, the stock was trading on below-average volume. With a volume of 1.8 million, the stock price improved 1.8%. The stock is trading 14.5% above its 50-day moving average and 25.3% above its 200-day moving average.

  • While trading on below-average volume, Ocwen Financial Corporation (OCN) climbed today, reaching and then surpassing its previous 52-week high of $23.18. It peaked at $23.42. After trading at a volume of 1.9 million, the stock price increased 2.5%. The stock is trading 20.6% above its 50-day moving average and 28.7% above its 200-day moving average.

  • The share price of CNO Financial Group (CNO) rose today, reaching and then surpassing its previous 52-week high of $8.66. The stock was trading on above-average volume. Shares saw a 2% price rise and traded at a volume of 4.5 million. The stock has been on an upward trajectory over the last two months, climbing $2.21 (33.8%) from a price of $6.53 on June 11, 2012. The stock is trading 10.9% above its 50-day moving average and 16% above its 200-day moving average.

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http://www.foxbusiness.com/markets/2012/08/08/sprint-nextel-lyondellbasell-industries-other-stocks-hit-52-week-highs/