10 Stocks at 52-Week High levels with Increased Trading Volumes: Investment Idea of the Day

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Today we have picked 10 stocks across sectors which are hovering at their 52-week highs and have registered over 100% increase in trading volumes last week. These stocks have registered significant increase in daily average trading volumes during the past five days compared with past one month daily average trading volumes, indicating a strong market interest. Moreover, these stocks outperformed their respective equity indices and sector indices during the last week registering significant gains. The shortlisted stocks recorded price gains ranging from 8% to 74% with daily average trading volume in excess of 100,000.

Index Performance during the Past Week (June 30th – July 04th 2014)

Index

Last Index Value

Value Change
(5-Day)

Average Volume
(5-Day)

Average Volume
(1-month)

Volume Comparison*

NASDAQ Composite Index

4,485.9

2.0

564,417,376

473,000,238

19.3%

S&P 500 Index

1,985.4

1.3

491,262,522

465,671,343

5.5%

Russell 2000 Index

1,208.2

1.6

426,239,197

305,099,293

39.7%

S&P/TSX Composite Index

15,215.0

0.8

121,343,554

151,995,212

-20.2%

S&P/TSX Venture Composite Index

1,037.8

1.5

47,922,693

64,358,339

-25.5%

Stocks Performance

Company Name

Ticker

Exchange

Sector

Market Cap
(MM)

Last Price

Weekly Price Return

Average Volume
(5-Day)

Average Volume
(1-month)

Volume Comparison*

52-Week High

52-Week Low

Amicus Therapeutics Inc

FOLD

NASDAQ

Healthcare

258.6

4.02

32.7%

8,393,549

2,203,942

280.8%

4.31

1.77

Bar Harbor Bankshares

BHB

NYSE

Financial

168.2

28.43

7.9%

125,103

38,228

227.3%

28.45

22.74

ZAGG Inc

ZAGG

NASDAQ

Industrial

177.6

5.87

20.8%

1,750,895

536,258

226.5%

5.96

3.58

Hallador Energy Co

HNRG

NASDAQ

Energy

356.2

12.38

30.5%

202,030

61,901

226.4%

12.50

6.58

Isle of Capri Casinos Inc

ISLE

NASDAQ

Consumer Services

406.7

10.21

25.3%

777,285

245,473

216.6%

10.25

6.34

Levon Resources Ltd

LVN

TSX

Basic Materials

92.0

0.46

73.6%

1,626,158

652,390

149.3%

0.49

0.17

Greenbrier Cos Inc/The

GBX

NYSE

Industrial

1,849.5

67.29

17.9%

1,593,509

680,640

134.1%

67.84

21.10

Mercer International Inc

MERC

NASDAQ

Basic Materials

718.9

11.25

15.5%

339,592

148,349

128.9%

11.25

6.22

Park Electrochemical Corp

PKE

NYSE

Industrial

651.1

31.18

9.4%

151,116

66,185

128.3%

31.18

22.78

A Schulman Inc

SHLM

NASDAQ

Basic Materials

1,225.9

41.97

10.3%

356,209

171,977

107.1%

41.98

26.34

Source: Bloomberg
Market Cap & Last Price are in their respective currencies
*Volume Comparison: 5-Day average volume over 30-Day average volume

Company Description

Amicus Therapeutics Inc (NASDAQ: FOLD)
Amicus Therapeutics, Inc. is a biopharmaceutical company that develops orally-administered, small molecule drugs to treat human genetic diseases. The drugs, called pharmacological chaperones, are being developed to treat Fabray, Gaucher, and Pompe disease.

Bar Harbor Bankshares (NYSE: BHB)
Bar Harbor Bankshares is the holding company for Bar Harbor Banking and Trust Company and BTI Financial Group. The Bank provides a full range of banking services to individual and corporate customers throughout eastern Maine. Services include savings and time deposits, lending, credit card servicing, brokerage, investment management services, and trust services.

ZAGG Inc (NASDAQ: ZAGG)
Zagg Incorporated designs, manufactures and distribute branded protective coverings, audio accessories and power solutions for consumer electronic and hand-held devices.

Hallador Energy Co (NASDAQ: HNRG)
Hallador Energy Company processes, mines and sells coal to producers of electric power. The company also owns interests in an oil and gas company with operations in Michigan.

Isle of Capri Casinos Inc (NASDAQ: ISLE)
Isle of Capri Casinos, Inc. develops, owns, and operates branded gaming facilities and related lodging and entertainment facilities in markets throughout the United States and internationally. The company operates casinos in multiple states in the United States as well as the Bahamas and the United Kingdom.

Levon Resources Ltd (TSX: LVN)
Levon Resources Ltd. holds interests in mineral properties located in British Columbia, Canada, and in Nevada in the United States. The company is exploring for gold.

The Greenbrier Cos Inc (NYSE: GBX)
The Greenbrier Companies, Inc. supplies transportation equipment and services to the railroad and related industries. The company’s manufacturing segment produces railcars and marine vessels. Greenbrier also provides repair and refurbishment for intermodal and conventional railcars. In addition, the company provides complementary leasing and services activities.

Mercer International Inc (NASDAQ: MERC)
Mercer International, Inc. owns and operates three modern pulp mills. The company produces bleached softwood kraft pulp for use in tissues, hygiene products, and high end printing and writing paper. Mercer International also produces and sells renewable bioelectricity.

Park Electrochemical Corp (NYSE: PKE)
Park Electrochemical Corp. is a global advanced materials company which develops and manufactures high-technology digital and RF/microwave printed circuit materials principally for the telecommunications and internet infrastructure and high-end computing markets and advanced composite materials, parts and assemblies for the aerospace markets.

A Schulman Inc (NASDAQ: SHLM)
A. Schulman, Inc. supplies plastic compounds and resins which are used as raw materials by its customers. The company combines basic resins purchased from basic resin producers and enhances them with additives. Schulman generally produces compounds to meet customer requirements and on the basis of customer commitments, but also buys and then resells prime and off-grade plastic resins.

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