On March 29, the following stocks were determined to be overbought: Pentair, Inc, American Vanguard Corp, and Global Cash Access 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 Pentair, Inc (PNR) traded higher by 1.19% or $0.55/share to $46.87. In the past year, the shares have traded as low as $29.39 and as high as $48.77. On average, 631940 shares of PNR exchange hands on a given day and today's volume is recorded at 944286.
Shares of American Vanguard Corp (AVD) traded higher by 0.24% or $0.05/share to $21.43. In the past year, the shares have traded as low as $8.10 and as high as $21.40. On average, 181510 shares of AVD exchange hands on a given day and today's volume is recorded at 75407.
Shares of Global Cash Access Holdings, Inc (GCA) traded higher by 1.39% or $0.10/share to $7.64. In the past year, the shares have traded as low as $2.07 and as high as $7.72. On average, 607730 shares of GCA exchange hands on a given day and today's volume is recorded at 177897.
