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Monday, June 6, 2011

More Than Expected Sold: (NWL), (KNX), (ART), (GLDD), (MFW)

On June 6, these stocks were spotted as oversold: Newell Rubbermaid Inc, Knight Transportation Inc, Artio Global Investors Inc, Great Lakes Dredge & Dock Corporation, and M&F Worldwide Corp. The price of these stocks have fallen sharply to level below their true value. This is interpreted as a sign that the stocks are undervalued and may represent a buying opportunity for investors.

Shares of Newell Rubbermaid Inc (NWL) fell by 2.44% or $-0.37/share to $14.6. In the past year, the shares have traded as low as $13.95 and as high as $20.23. On average, 3076020 shares of NWL exchange hands on a given day and today's volume is recorded at 3582957.

Shares of Knight Transportation Inc (KNX) fell by 1.11% or $-0.18/share to $15.99. In the past year, the shares have traded as low as $16.16 and as high as $21.15. On average, 1084050 shares of KNX exchange hands on a given day and today's volume is recorded at 409729.

Shares of Artio Global Investors Inc (ART) fell by 0.71% or $-0.09/share to $12.59. In the past year, the shares have traded as low as $12.67 and as high as $18.04. On average, 237880 shares of ART exchange hands on a given day and today's volume is recorded at 191998.

Shares of Great Lakes Dredge & Dock Corporation (GLDD) fell by 1.89% or $-0.11/share to $5.72. In the past year, the shares have traded as low as $4.49 and as high as $8.91. On average, 441190 shares of GLDD exchange hands on a given day and today's volume is recorded at 154150.

Shares of M&F Worldwide Corp (MFW) fell by 0.83% or $-0.16/share to $19.22. In the past year, the shares have traded as low as $19.25 and as high as $30.77. On average, 57590 shares of MFW exchange hands on a given day and today's volume is recorded at 10629.