NASDAQ Stocks Hitting 52-Week Highs (PANL, MIGP, CPST, PNNW)

Universal Display Corporation PANL shares rose 5.08% to create a new 52-week high of $47.77. PANL reported more than two-fold year-over-year jump in its Q4 revenue.

Mercer Insurance Group Inc MIGP shares gained 0.07% to create a new 52-week high of $28.24. United Fire & Casualty Co UFCS got approvals from state regulators and shareholders of the company to complete its acquisition of MIGP.

Capstone Turbine Corporation CPST shares gained 6.90% to create a new 52-week high of $1.86. CPST sold 6 additional C65s to a large natural-gas producer.

Pennichuck Corporation PNNW shares surged 0.49% to create a new 52-week high of $28.45. PNNW's trailing-twelve-month operating margin is 27.67%.

Read more from Benzinga's Markets.