On a relatively slow day on the NASDAQ there were just eight companies that managed to hit all-time highs with that list including NXP Semiconductors (NXPI), Danvers Bancorp Inc. (DNBK), Perrigo Company (PRGO), Bucyrus International (BUCY), and Signature Bank (SBNY).
NXP Semiconductors (NXPI) shares climbed to 26.18 on Tuesday to set a new all-time high before closing at 24.28 on more than 4x their average trading volume. Shares climbed following a positive response to news that Apple, Inc.’s (NASDAQ: AAPL) iPhone 5 was adding NXP’s near-field communications (NFC) chips. As it stands the company, which provides mixed signal solutions and semiconductor components, is comfortably ahead of its 50-day moving average of 18.57 and 100-day moving average of 15.52.
Danvers Bancorp Inc. (DNBK) jumped to a new all-time high of 21.86 on Tuesday and closed the day at 21.77 following a strong trading volume day that exceeded 1.2 million, more than 6x their average. The company, which operates as the holding company for Danversbank that provides various financial products and services to individuals and small businesses in Massachusetts, has been attracting a lot of attention since the proposed acquisition of the company by People’s United Financial, Inc. Shares are currently above the 50-day moving average of 16.73 as well as their 200-day moving average of 15.74.
Perrigo Company (PRGO) continues to grab investor interest following their purchase of assets of Paddock Labs for $540 million as a means of adding generic drugs to their product line. Shares jumped to an all-time high of 73.54 on Tuesday and closed at 73.46 on above average trading volume. The company, which develops, manufactures, and distributes over-the-counter (OTC) and prescription (Rx) pharmaceuticals, nutritional products, active pharmaceutical ingredients (API), and medical diagnostic products worldwide, is ahead of their 50-day moving average of 64.79 as well as their 200-day moving average of 61.38.
Bucyrus International (BUCY) remains an active stock following news of shareholder approval for the acquisition by Caterpillar and shares climbed to an all-time high of 90.70 on the day before closing at 90.68. Shares in the company, which engages in the design and manufacture of mining equipment for the extraction of coal, copper, oil sands, iron ore, and other minerals in mining centers worldwide, are slightly higher than the 50-day moving average 89.20 but significantly higher than the 200-day moving average of 68.24.
Signature Bank (SBNY) parlayed positive fourth quarter figures, which showed earnings of $0.72 per share, $0.09 better than the Thomson Reuters consensus of $0.63, into an all-time high on Tuesday as shares climbed to 53.84 before closing at 53.77 on more than 2x their average trading volume. Shares in the company, which business and personal banking products and services in the New York metropolitan area, are comfortably ahead of their 50-day moving average of 47.69 and their 200-day moving average of 41.06.