On July 31, the following stocks were determined to be overbought: Sturm, Ruger & Co. Inc, Presidential Life Corp, AMERIGROUP Corporation, Cablevision Systems Corporation, and Harbinger Group 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 Sturm, Ruger & Co. Inc (RGR) traded higher by 1.61% or $0.79/share to $50.0. In the past year, the shares have traded as low as $23.47 and as high as $58.02. On average, 724840 shares of RGR exchange hands on a given day and today's volume is recorded at 504978.
Shares of Presidential Life Corp (PLFE) traded higher by 0.07% or $0.01/share to $13.89. In the past year, the shares have traded as low as $7.13 and as high as $13.98. On average, 145710 shares of PLFE exchange hands on a given day and today's volume is recorded at 64213.
Shares of AMERIGROUP Corporation (AGP) fell by 0.03% or $-0.03/share to $90.07. In the past year, the shares have traded as low as $37.57 and as high as $90.41. On average, 1443640 shares of AGP exchange hands on a given day and today's volume is recorded at 151005.
Shares of Cablevision Systems Corporation (CVC) traded higher by 1.38% or $0.21/share to $15.42. In the past year, the shares have traded as low as $10.76 and as high as $23.66. On average, 3699890 shares of CVC exchange hands on a given day and today's volume is recorded at 950822.
Shares of Harbinger Group Inc (HRG) fell by 0.21% or $-0.02/share to $9.55. In the past year, the shares have traded as low as $2.75 and as high as $9.69. On average, 235050 shares of HRG exchange hands on a given day and today's volume is recorded at 19792.
