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Market Overview

New 52-Week High Stocks (VMED,JBL,ITUB,MVIS,CBAK)

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Virgin Media Inc. (NASDAQ: VMED)  touched a new 52-week high at $13.88 in today’s morning trade. Currently the stock is trading at $13.83, up 3.90% on 3.88 million shares. In the last one month the stock has surged over 21%.

Jabil Circuit, Inc. (NYSE: JBL) soared 7.82% to $13.24 on total volume of 8.51 million shares. Today it made a new 52-week high of $13.55 after the company reported that earnings in its last quarter dropped 90% but that markets continued to improve.

Itau Unibanco Banco Holding SA (ADR) (NYSE: ITUB) was another which made a new 52 week high of $20.40 and now trades at $20.36, increased 3.56% on no news. In the last 6 months the stock has rallied over 52%.

Microvision, Inc. (NASDAQ: MVIS) made a new 52-week high at $5.71 and currently trading higher 7.24% at $5.48 on unusual volume of 2.16 million shares after it announced today that it has received a purchase order from its Asian marketing and distribution partner and has begun shipments of its PicoP® display engine-based product, the SHOWWX™ laser pico projector. Microvision expects its distribution partner to unveil its go to market product plans shortly.

China BAK Battery Inc. (NASDAQ: CBAK) today broken its previous 52-week high and made a new high at $4.98 and now up 5.62% and trades at $4.89 with a total volume of 2.10 million shares. In the last 6 months the stock has gained over 184%.

 

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