On July 1, the following stocks were determined to be overbought: Robbins & Myers Inc, Oshkosh Corporation, Telvent Git S.A, America's Car-Mart Inc, and Pegasystems 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 Robbins & Myers Inc (RBN) traded higher by 1.89% or $1.00/share to $53.85. In the past year, the shares have traded as low as $20.84 and as high as $53.00. On average, 521020 shares of RBN exchange hands on a given day and today's volume is recorded at 99929.
Shares of Oshkosh Corporation (OSK) traded higher by 12.40% or $3.59/share to $32.53. In the past year, the shares have traded as low as $24.63 and as high as $40.11. On average, 1526290 shares of OSK exchange hands on a given day and today's volume is recorded at 3966754.
Shares of Telvent Git S.A (TLVT) traded higher by 0.09% or $0.04/share to $39.83. In the past year, the shares have traded as low as $16.57 and as high as $39.95. On average, 448350 shares of TLVT exchange hands on a given day and today's volume is recorded at 176073.
Shares of America's Car-Mart Inc (CRMT) traded higher by 1.70% or $0.56/share to $33.56. In the past year, the shares have traded as low as $20.40 and as high as $33.68. On average, 52620 shares of CRMT exchange hands on a given day and today's volume is recorded at 20540.
Shares of Pegasystems Inc (PEGA) fell by 0.19% or $-0.09/share to $46.46. In the past year, the shares have traded as low as $20.29 and as high as $47.14. On average, 191670 shares of PEGA exchange hands on a given day and today's volume is recorded at 32052.
