On May 9, the following stocks were determined to be overbought: Kensey Nash Corporation, Gen-Probe Inc, P.F. Chang's China Bistro, Inc, Papa John's International Inc, and Vertex Pharmaceuticals Incorporated. 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 Kensey Nash Corporation (KNSY) traded higher by 0.03% or $0.01/share to $38.41. In the past year, the shares have traded as low as $17.80 and as high as $38.58. On average, 110520 shares of KNSY exchange hands on a given day and today's volume is recorded at 16382.
Shares of Gen-Probe Inc (GPRO) fell by 0.14% or $-0.11/share to $81.13. In the past year, the shares have traded as low as $53.92 and as high as $86.96. On average, 777120 shares of GPRO exchange hands on a given day and today's volume is recorded at 402785.
Shares of P.F. Chang's China Bistro, Inc (PFCB) fell by 0.54% or $-0.28/share to $51.25. In the past year, the shares have traded as low as $25.70 and as high as $51.66. On average, 805830 shares of PFCB exchange hands on a given day and today's volume is recorded at 115108.
Shares of Papa John's International Inc (PZZA) traded higher by 0.04% or $0.02/share to $48.17. In the past year, the shares have traded as low as $26.95 and as high as $50.45. On average, 178640 shares of PZZA exchange hands on a given day and today's volume is recorded at 82390.
Shares of Vertex Pharmaceuticals Incorporated (VRTX) fell by 4.54% or $-2.91/share to $61.25. In the past year, the shares have traded as low as $26.50 and as high as $64.50. On average, 3143660 shares of VRTX exchange hands on a given day and today's volume is recorded at 4091088.
