On August 1, the following stocks were determined to be overbought: Brightpoint Inc, Presidential Life Corp, Quest Software Inc, AMERIGROUP Corporation, and AuthenTec, 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 Brightpoint Inc (CELL) traded higher by 0.17% or $0.02/share to $8.98. In the past year, the shares have traded as low as $4.50 and as high as $12.04. On average, 1607410 shares of CELL exchange hands on a given day and today's volume is recorded at 177445.
Shares of Presidential Life Corp (PLFE) traded higher by 0.07% or $0.01/share to $13.9. In the past year, the shares have traded as low as $7.13 and as high as $13.98. On average, 146870 shares of PLFE exchange hands on a given day and today's volume is recorded at 32029.
Shares of Quest Software Inc (QSFT) fell by 0.04% or $-0.01/share to $27.93. In the past year, the shares have traded as low as $14.61 and as high as $27.99. On average, 1812030 shares of QSFT exchange hands on a given day and today's volume is recorded at 395433.
Shares of AMERIGROUP Corporation (AGP) traded higher by 0.19% or $0.17/share to $90.05. In the past year, the shares have traded as low as $37.57 and as high as $90.41. On average, 1438750 shares of AGP exchange hands on a given day and today's volume is recorded at 248711.
Shares of AuthenTec, Inc (AUTH) fell by 1.67% or $-0.14/share to $8.26. In the past year, the shares have traded as low as $2.23 and as high as $8.83. On average, 1152580 shares of AUTH exchange hands on a given day and today's volume is recorded at 916728.
