On March 29, the following stocks were determined to be overbought: ZOLL Medical Corp, SureWest Communications, Adams Resources & Energy Inc, The Coca-Cola Company, and Threshold Pharmaceuticals 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 ZOLL Medical Corp (ZOLL) fell by 0.03% or $-0.03/share to $92.66. In the past year, the shares have traded as low as $33.84 and as high as $93.65. On average, 448910 shares of ZOLL exchange hands on a given day and today's volume is recorded at 1096353.
Shares of SureWest Communications (SURW) remained unchanged at $22.61. In the past year, the shares have traded as low as $8.99 and as high as $22.79. On average, 108160 shares of SURW exchange hands on a given day and today's volume is recorded at 14554.
Shares of Adams Resources & Energy Inc (AE) fell by 4.29% or $-3.17/share to $70.77. In the past year, the shares have traded as low as $18.34 and as high as $75.13. On average, 22260 shares of AE exchange hands on a given day and today's volume is recorded at 26912.
Shares of The Coca-Cola Company (KO) traded higher by 0.11% or $0.08/share to $72.74. In the past year, the shares have traded as low as $62.25 and as high as $72.82. On average, 7638100 shares of KO exchange hands on a given day and today's volume is recorded at 2021326.
Shares of Threshold Pharmaceuticals Inc (THLD) traded higher by 8.79% or $0.70/share to $8.66. In the past year, the shares have traded as low as $1.18 and as high as $8.50. On average, 3132980 shares of THLD exchange hands on a given day and today's volume is recorded at 2552025.
