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Monday, September 5, 2011

Buying Overdone In These Names: (XPO), (TLVT), (MMI)

On September 5, the following stocks were determined to be overbought: Express-1 Expedited Solutions Inc, Telvent Git S.A, and Motorola Mobility Holdings, 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 Express-1 Expedited Solutions Inc (XPO) fell by 2.10% or $-0.26/share to $12.1. In the past year, the shares have traded as low as $5.44 and as high as $17.52. On average, 535350 shares of XPO exchange hands on a given day and today's volume is recorded at 46143.

Shares of Telvent Git S.A (TLVT) traded higher by 0.22% or $0.09/share to $40.59. In the past year, the shares have traded as low as $19.22 and as high as $40.60. On average, 394300 shares of TLVT exchange hands on a given day and today's volume is recorded at 57271.

Shares of Motorola Mobility Holdings, Inc (MMI) fell by 0.03% or $-0.01/share to $37.75. In the past year, the shares have traded as low as $20.77 and as high as $38.73. On average, 7334110 shares of MMI exchange hands on a given day and today's volume is recorded at 6995244.