Shares of Vimicro International Corp. (VIMC) hit a new 52-week high on Wednesday, printing the tape at $13.80. That’s a 465.57% rise, or $11.36 per share from the 52-week low of $2.44 set in July 1, 2014.
The stock closed at $12.11 at the end of Tuesday’s trading session, printing a one-year return of about 251% and year-to-date return of around 102%.
VIMC is trading at unusually high volume Wednesday with 1.20 million shares changing hands. It is currently at more than 3x its average daily volume and trading up 11.23% at $13.47 as of 3:24 PM ET. The average volume of shares traded over the last three months was roughly 483K.
The chart below shows where VIMC has traded over the past year.
Shares of Omnicare Inc. (OCR) soared 3.61% to hit a new 52-week high of $84.00 on Wednesday on higher-than-average volume. More than 3.06 million shares of the stock have already changed hands, well above the average of 642K for a full session over the past 3 months.
Stock reaction: OCR shares have performed well over the last year, rising 41.18%. The company’s stock is up 47% from the 52-week-low of $57.14 it reached on April 23, 2014.
Mellanox Technologies, Ltd. (MLNX) climbed 4.43% to a 52-week high of $50.44 on Wednesday. The move comes on a big volume too with the issue currently trading more than 1.30 million shares, compared to the average volume of 41K shares.
Shares of MLNX rose 3.11% to $49.80 in afternoon trading. The 52-week range for the stock is now $30.58 to $50.44. Shares of the 2.28 billion market cap company have risen 29.53% year-over-year and 13.04% year-to-date.
The chart below shows where MLNX has traded over the past 12 months.
Sequenom Inc. (SQNM) shares hit one-year high of $4.57 in today’s trading session. The stock has risen 65.66% this year and is continuing its upward trend.
More than 2.85 million shares have changed hands, which dwarfs the average volume of 1.45 million. At current price next resistance is at $4.64. Support is at $4.28.
Novatel Wireless Inc. (MIFI) shares touched a new 52-week high of $6.65. MIFI shares have jumped a staggering 207.81% over the past 52 weeks, while the S&P 500 index has gained 11.58% in the same period.
The San Diego California-based firm has a market cap of 299.06 million.