Several stocks recorded a new 52-week high. Some notable stocks are discussed here.
Tomotherapy Inc (NASDAQ: TOMO) recorded a new 52-week high of $4.70 amid reports that Accuray Inc (NASDAQ: ARAY) has agreed to acquire the former for nearly $277 million. The stock's trading volume was 14 million shares compared to its average volume of 905 thousand shares.
Multiband Corporation (NASDAQ: MBAND) hit an all-time high of $4.09 with a trading volume of 52 thousand shares, today as the company released its revenue and EBITDA guidance for FY2010. The stock's average trading volume was 25 thousand shares.
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Advantage Oil and Gas Limited (NYSE: AAV) recorded a new 52-week high of $9.15 today as the company reported its year end reserves, as of December 31, 2011. AAV's trading volume was 1.7 million shares against its average volume of 489 thousand shares.
First Majestic Silver Corporation (NYSE: AG) hit a new 52-week high of $18.54 with a trading volume of 1.3 million shares. Recently, the company reported an increase of 85 percent in its Q4 revenue to $132.2 million. The stock's average trading volume was 734 thousand shares.
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Great Panther Silver Limited (AMEX: GPL) recorded a new all-time high of $4.94 as the company announced to increase mineral resources at its Topia Mine in Durango, Mexico. The trading volume was 6.2 million shares compared to its average volume of 2.9 million shares.