Overvalued stocks

Stocks that have significantly increased in price due a large demand are called overbought. This is often the case when there are too many buyers who push the price so high that it can’t be justified by company financials. When sellers start outweighing buyers, the price can change its direction. Another scenario that causes stocks to become overbought is when a company buys back its own stocks. Be careful when buying overvalued stocks as there could be a retracement.

           
1213 ALSORAYAI GROUP
14.20-1.25%-0.18Buy5.070M306.450M-1.14Consumer Cyclicals
1830 LEEJAM SPORTS CO
55.703.15%1.70Buy1.403M2.865B17.463.13Consumer Cyclicals
6050 SAUDI FISHERIS CO.
28.0510.00%2.55Buy5.428M530.000M-1.79Consumer Non-Cyclicals
9502 AL-OMRAN INDUSTRIAL TRADING CO.
14.949.85%1.34Buy2.435K82.200M13.621.01Industrials
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