On May 4, the following stocks were determined to be overbought: Ellie Mae, Inc. Common Stock, Papa John's International Inc, Kensey Nash Corporation, Sunoco, Inc, and Human Genome Sciences 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 Ellie Mae, Inc. Common Stock (ELLI) fell by 0.10% or $-0.02/share to $15.35. In the past year, the shares have traded as low as $3.46 and as high as $15.51. On average, 99340 shares of ELLI exchange hands on a given day and today's volume is recorded at 45396.
Shares of Papa John's International Inc (PZZA) fell by 1.28% or $-0.63/share to $48.75. In the past year, the shares have traded as low as $26.95 and as high as $49.75. On average, 167920 shares of PZZA exchange hands on a given day and today's volume is recorded at 82540.
Shares of Kensey Nash Corporation (KNSY) remained unchanged at $38.33. In the past year, the shares have traded as low as $17.80 and as high as $38.49. On average, 96820 shares of KNSY exchange hands on a given day and today's volume is recorded at 131335.
Shares of Sunoco, Inc (SUN) fell by 1.86% or $-0.94/share to $49.6. In the past year, the shares have traded as low as $27.51 and as high as $50.89. On average, 2452450 shares of SUN exchange hands on a given day and today's volume is recorded at 623821.
Shares of Human Genome Sciences Inc (HGSI) fell by 0.21% or $-0.03/share to $14.52. In the past year, the shares have traded as low as $6.51 and as high as $28.48. On average, 8737720 shares of HGSI exchange hands on a given day and today's volume is recorded at 291038.
