On July 3, the following stocks were determined to be overbought: Aqua America Inc, Encore Wire Corp, HMS Holdings Corp, El Paso Electric Co, and Navidea Biopharmaceuticals, 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 Aqua America Inc (WTR) traded higher by 0.24% or $0.06/share to $25.67. In the past year, the shares have traded as low as $18.72 and as high as $25.63. On average, 603240 shares of WTR exchange hands on a given day and today's volume is recorded at 80557.
Shares of Encore Wire Corp (WIRE) traded higher by 1.31% or $0.36/share to $27.86. In the past year, the shares have traded as low as $19.64 and as high as $30.72. On average, 101580 shares of WIRE exchange hands on a given day and today's volume is recorded at 22625.
Shares of HMS Holdings Corp (HMSY) traded higher by 0.42% or $0.14/share to $33.75. In the past year, the shares have traded as low as $19.78 and as high as $34.98. On average, 1179120 shares of HMSY exchange hands on a given day and today's volume is recorded at 217720.
Shares of El Paso Electric Co (EE) traded higher by 0.59% or $0.20/share to $33.92. In the past year, the shares have traded as low as $28.93 and as high as $35.19. On average, 371450 shares of EE exchange hands on a given day and today's volume is recorded at 26595.
Shares of Navidea Biopharmaceuticals, Inc (NAVB) traded higher by 4.89% or $0.20/share to $4.29. In the past year, the shares have traded as low as $1.62 and as high as $4.09. On average, 514830 shares of NAVB exchange hands on a given day and today's volume is recorded at 835345.
