On June 20, the following stocks were determined to be overbought: Kensey Nash Corporation, Edwards Lifesciences Corp, Gen-Probe Inc, Portfolio Recovery Associates Inc, and Star Scientific, 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) remained unchanged at $38.52. In the past year, the shares have traded as low as $17.80 and as high as $38.69. On average, 142240 shares of KNSY exchange hands on a given day and today's volume is recorded at 13064.
Shares of Edwards Lifesciences Corp (EW) fell by 0.19% or $-0.19/share to $102.29. In the past year, the shares have traded as low as $61.59 and as high as $104.25. On average, 1236590 shares of EW exchange hands on a given day and today's volume is recorded at 490129.
Shares of Gen-Probe Inc (GPRO) traded higher by 0.01% or $0.01/share to $82.05. In the past year, the shares have traded as low as $53.92 and as high as $82.20. On average, 1151320 shares of GPRO exchange hands on a given day and today's volume is recorded at 237490.
Shares of Portfolio Recovery Associates Inc (PRAA) traded higher by 0.06% or $0.05/share to $84.08. In the past year, the shares have traded as low as $56.76 and as high as $89.67. On average, 116380 shares of PRAA exchange hands on a given day and today's volume is recorded at 58460.
Shares of Star Scientific, Inc (CIGX) traded higher by 4.93% or $0.23/share to $4.9. In the past year, the shares have traded as low as $1.50 and as high as $5.05. On average, 1398680 shares of CIGX exchange hands on a given day and today's volume is recorded at 1669238.
