On July 5, the following stocks were determined to be overbought: AZZ Incorporated, Ameron International Corporation, Bank of the Ozarks, Inc, Hansen Natural Corporation, and Southern Union Co. 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 AZZ Incorporated (AZZ) traded higher by 1.88% or $0.96/share to $51.98. In the past year, the shares have traded as low as $35.11 and as high as $52.92. On average, 71190 shares of AZZ exchange hands on a given day and today's volume is recorded at 53227.
Shares of Ameron International Corporation (AMN) traded higher by 27.39% or $18.15/share to $84.42. In the past year, the shares have traded as low as $54.71 and as high as $84.54. On average, 59930 shares of AMN exchange hands on a given day and today's volume is recorded at 388044.
Shares of Bank of the Ozarks, Inc (OZRK) traded higher by 0.08% or $0.04/share to $52.85. In the past year, the shares have traded as low as $33.57 and as high as $52.89. On average, 85280 shares of OZRK exchange hands on a given day and today's volume is recorded at 11794.
Shares of Hansen Natural Corporation (HANS) fell by 0.77% or $-0.64/share to $82.99. In the past year, the shares have traded as low as $39.33 and as high as $83.93. On average, 804860 shares of HANS exchange hands on a given day and today's volume is recorded at 160752.
Shares of Southern Union Co (SUG) traded higher by 2.68% or $1.08/share to $41.45. In the past year, the shares have traded as low as $20.68 and as high as $41.68. On average, 2519380 shares of SUG exchange hands on a given day and today's volume is recorded at 4878060.
