On November 29, the following stocks were determined to be overbought: Pharmasset, Inc, Pharmaceutical Product Development, Inc, Inhibitex, Inc, 99, and Global Education & Technology Group Limited. 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 Pharmasset, Inc (VRUS) fell by 0.02% or $-0.03/share to $133.2. In the past year, the shares have traded as low as $21.12 and as high as $135.00. On average, 1845480 shares of VRUS exchange hands on a given day and today's volume is recorded at 299627.
Shares of Pharmaceutical Product Development, Inc (PPDI) traded higher by 0.12% or $0.04/share to $33.2. In the past year, the shares have traded as low as $23.83 and as high as $33.25. On average, 3209220 shares of PPDI exchange hands on a given day and today's volume is recorded at 106330.
Shares of Inhibitex, Inc (INHX) traded higher by 10.44% or $1.19/share to $12.59. In the past year, the shares have traded as low as $2.00 and as high as $12.08. On average, 1747120 shares of INHX exchange hands on a given day and today's volume is recorded at 1044389.
Shares of 99 (NDN) traded higher by 0.23% or $0.05/share to $21.81. In the past year, the shares have traded as low as $14.57 and as high as $21.84. On average, 1965660 shares of NDN exchange hands on a given day and today's volume is recorded at 105254.
Shares of Global Education & Technology Group Limited (GEDU) fell by 0.09% or $-0.01/share to $10.76. In the past year, the shares have traded as low as $2.96 and as high as $10.79. On average, 152050 shares of GEDU exchange hands on a given day and today's volume is recorded at 183514.
