On September 13, the following stocks were determined to be overbought: Forestar Group Inc, Sunrise Senior Living Inc, Teleflex Incorporated, Greenhill & Co., Inc, and NorthStar Realty Finance Corp. 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 Forestar Group Inc (FOR) fell by 1.13% or $-0.19/share to $16.65. In the past year, the shares have traded as low as $9.94 and as high as $17.12. On average, 158440 shares of FOR exchange hands on a given day and today's volume is recorded at 13565.
Shares of Sunrise Senior Living Inc (SRZ) remained unchanged at $14.3. In the past year, the shares have traded as low as $3.68 and as high as $14.45. On average, 2239730 shares of SRZ exchange hands on a given day and today's volume is recorded at 135725.
Shares of Teleflex Incorporated (TFX) fell by 0.24% or $-0.17/share to $69.34. In the past year, the shares have traded as low as $49.38 and as high as $69.64. On average, 151550 shares of TFX exchange hands on a given day and today's volume is recorded at 14052.
Shares of Greenhill & Co., Inc (GHL) traded higher by 0.22% or $0.11/share to $49.03. In the past year, the shares have traded as low as $25.19 and as high as $49.04. On average, 358200 shares of GHL exchange hands on a given day and today's volume is recorded at 13233.
Shares of NorthStar Realty Finance Corp (NRF) traded higher by 0.64% or $0.04/share to $6.29. In the past year, the shares have traded as low as $2.62 and as high as $6.26. On average, 1112690 shares of NRF exchange hands on a given day and today's volume is recorded at 150592.
