On July 1, the following stocks were determined to be overbought: Hansen Natural Corporation, Southern Union Co, LivePerson Inc, AZZ Incorporated, and Monro Muffler Brake 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 Hansen Natural Corporation (HANS) traded higher by 1.72% or $1.39/share to $82.35. In the past year, the shares have traded as low as $38.02 and as high as $81.79. On average, 788480 shares of HANS exchange hands on a given day and today's volume is recorded at 569129.
Shares of Southern Union Co (SUG) traded higher by 0.25% or $0.10/share to $40.25. In the past year, the shares have traded as low as $20.66 and as high as $41.68. On average, 2460880 shares of SUG exchange hands on a given day and today's volume is recorded at 333714.
Shares of LivePerson Inc (LPSN) traded higher by 0.28% or $0.04/share to $14.18. In the past year, the shares have traded as low as $6.05 and as high as $14.21. On average, 805550 shares of LPSN exchange hands on a given day and today's volume is recorded at 131385.
Shares of AZZ Incorporated (AZZ) traded higher by 14.85% or $6.80/share to $52.6. In the past year, the shares have traded as low as $34.92 and as high as $47.64. On average, 64500 shares of AZZ exchange hands on a given day and today's volume is recorded at 198906.
Shares of Monro Muffler Brake Inc (MNRO) traded higher by 0.56% or $0.21/share to $37.5. In the past year, the shares have traded as low as $24.10 and as high as $37.38. On average, 322460 shares of MNRO exchange hands on a given day and today's volume is recorded at 53691.
