On May 15, the following stocks were determined to be overbought: Kensey Nash Corporation, Hilltop Holdings Inc, Standard Microsystems Corp, and Symmetry Medical, 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 Kensey Nash Corporation (KNSY) traded higher by 0.05% or $0.02/share to $38.5. In the past year, the shares have traded as low as $17.80 and as high as $38.69. On average, 115990 shares of KNSY exchange hands on a given day and today's volume is recorded at 23443.
Shares of Hilltop Holdings Inc (HTH) remained unchanged at $10.6. In the past year, the shares have traded as low as $6.88 and as high as $10.89. On average, 143800 shares of HTH exchange hands on a given day and today's volume is recorded at 69355.
Shares of Standard Microsystems Corp (SMSC) traded higher by 0.41% or $0.15/share to $36.57. In the past year, the shares have traded as low as $17.98 and as high as $36.88. On average, 472240 shares of SMSC exchange hands on a given day and today's volume is recorded at 58892.
Shares of Symmetry Medical, Inc (SMA) traded higher by 1.46% or $0.12/share to $8.34. In the past year, the shares have traded as low as $6.41 and as high as $10.29. On average, 241150 shares of SMA exchange hands on a given day and today's volume is recorded at 17423.
