South Africa Stock Market
Overvalued stocks — South Africa Stock Market
Stocks that have significantly increased in price due to 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.
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CCO
CAPITAL&COUNTIES PROP PLC
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4101.00 | 0.86% | 35.00 | Buy | 335.746K | 34.946B | — | -3.62 | 102.00 | Financials |
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CPI
CAPITEC BANK HLDGS LTD
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128940.00 | -0.05% | -60.00 | Buy | 550.182K | 149.159B | 28.28 | 45.71 | 13774.00 | Financials |
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CRP
CAPITAL & REGIONAL PLC
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384.00 | 0.52% | 2.00 | Buy | 333.450K | 2.691B | — | -2.23 | 248.00 | Financials |
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INL
INVESTEC LTD
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9094.00 | -0.30% | -27.00 | Buy | 6.400M | 86.622B | 9.75 | 9.51 | 9884.00 | Financials |
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INP
INVESTEC PLC
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8909.00 | -0.29% | -26.00 | Buy | 4.849M | 89.035B | 9.58 | 9.58 | 10500.00 | Financials |
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MFL
METROFILE HOLDINGS LTD
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220.00 | 5.77% | 12.00 | Buy | 6.700K | 865.622M | 23.30 | 0.09 | 1615.00 | Industrials |
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PSV
PSV HOLDINGS LTD
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30.00 | 0.00% | 0.00 | Buy | 1.311K | 122.074M | 150.00 | 0.00 | 329.00 | Industrials |
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QLT
QUILTER PLC
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2611.00 | 1.08% | 28.00 | Strong Buy | 1.741M | 49.440B | 47.59 | 0.55 | 4343.00 | Financials |
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TRE
TRENCOR LTD
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3008.00 | 13.51% | 358.00 | Strong Buy | 514.006K | 4.602B | 1.65 | 16.06 | 12.00 | Financials |
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