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Monday, June 6, 2011

Oversold Stocks: (XCO), (CRIC), (UAM), (CYBX), (OMX)

On June 6, these stocks were spotted as oversold: EXCO Resources Inc, China Real Estate Information Corporation, Universal American Corp, Cyberonics Inc, and OfficeMax Incorporated. 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 EXCO Resources Inc (XCO) fell by 2.60% or $-0.50/share to $18.75. In the past year, the shares have traded as low as $13.19 and as high as $21.04. On average, 1983720 shares of XCO exchange hands on a given day and today's volume is recorded at 3363558.

Shares of China Real Estate Information Corporation (CRIC) fell by 9.11% or $-0.53/share to $5.29. In the past year, the shares have traded as low as $5.77 and as high as $11.74. On average, 157400 shares of CRIC exchange hands on a given day and today's volume is recorded at 206124.

Shares of Universal American Corp (UAM) fell by 1.99% or $-0.18/share to $8.88. In the past year, the shares have traded as low as $8.89 and as high as $23.55. On average, 318170 shares of UAM exchange hands on a given day and today's volume is recorded at 47769.

Shares of Cyberonics Inc (CYBX) fell by 3.04% or $-0.85/share to $27.09. In the past year, the shares have traded as low as $20.51 and as high as $35.88. On average, 199290 shares of CYBX exchange hands on a given day and today's volume is recorded at 346424.

Shares of OfficeMax Incorporated (OMX) fell by 5.73% or $-0.43/share to $7.07. In the past year, the shares have traded as low as $7.29 and as high as $19.20. On average, 2461980 shares of OMX exchange hands on a given day and today's volume is recorded at 2401704.