On June 6, the following stocks were determined to be overbought: Central Vermont Public Service Corp, PRIMEDIA Inc, Telvent Git S.A, American Medical Systems Holdings Inc, and Volcom Inc. The demand for these stocks have pushed the prices of the underlying assets to levels that do not support the fundamentals. This is interpreted as a sign that the stocks are overvalued and may experience a pullback.
Shares of Central Vermont Public Service Corp (CV) traded higher by 0.45% or $0.15/share to $34.35. In the past year, the shares have traded as low as $18.42 and as high as $34.78. On average, 78730 shares of CV exchange hands on a given day and today's volume is recorded at 98648.
Shares of PRIMEDIA Inc (PRM) traded higher by 0.14% or $0.01/share to $7.05. In the past year, the shares have traded as low as $2.34 and as high as $7.11. On average, 264930 shares of PRM exchange hands on a given day and today's volume is recorded at 23114.
Shares of Telvent Git S.A (TLVT) fell by 0.05% or $-0.02/share to $39.78. In the past year, the shares have traded as low as $16.57 and as high as $39.81. On average, 326640 shares of TLVT exchange hands on a given day and today's volume is recorded at 105530.
Shares of American Medical Systems Holdings Inc (AMMD) traded higher by 0.03% or $0.01/share to $29.93. In the past year, the shares have traded as low as $17.62 and as high as $29.95. On average, 2789130 shares of AMMD exchange hands on a given day and today's volume is recorded at 195364.
Shares of Volcom Inc (VLCM) traded higher by 0.08% or $0.02/share to $24.49. In the past year, the shares have traded as low as $15.04 and as high as $24.59. On average, 305610 shares of VLCM exchange hands on a given day and today's volume is recorded at 46987.
