On July 5, the following stocks were determined to be overbought: TriMas Corporation, America's Car-Mart Inc, TransDigm Group Incorporated, Intersections Inc, and Peet's Coffee & Tea 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 TriMas Corporation (TRS) traded higher by 0.85% or $0.22/share to $25.98. In the past year, the shares have traded as low as $9.50 and as high as $25.80. On average, 291790 shares of TRS exchange hands on a given day and today's volume is recorded at 33694.
Shares of America's Car-Mart Inc (CRMT) traded higher by 1.25% or $0.42/share to $34.0. In the past year, the shares have traded as low as $20.40 and as high as $33.88. On average, 53400 shares of CRMT exchange hands on a given day and today's volume is recorded at 15154.
Shares of TransDigm Group Incorporated (TDG) traded higher by 0.57% or $0.53/share to $93.83. In the past year, the shares have traded as low as $49.22 and as high as $94.08. On average, 270130 shares of TDG exchange hands on a given day and today's volume is recorded at 34920.
Shares of Intersections Inc (INTX) traded higher by 1.82% or $0.35/share to $19.53. In the past year, the shares have traded as low as $3.73 and as high as $19.48. On average, 106070 shares of INTX exchange hands on a given day and today's volume is recorded at 26945.
Shares of Peet's Coffee & Tea Inc (PEET) traded higher by 0.84% or $0.50/share to $59.92. In the past year, the shares have traded as low as $33.20 and as high as $59.75. On average, 151500 shares of PEET exchange hands on a given day and today's volume is recorded at 34107.
