On May 31, the following stocks were determined to be overbought: Popular, 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 Popular, Inc (BPOP) fell by 1.48% or $-0.23/share to $15.33. In the past year, the shares have traded as low as $1.08 and as high as $17.06. On average, 8196080 shares of BPOP exchange hands on a given day and today's volume is recorded at 453975.
