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Tuesday, June 7, 2011

These Stocks Are Oversold: (FGP), (CRIC), (XCO), (DQ), (ART)

On June 7, these stocks were spotted as oversold: Ferrellgas Partners LP, China Real Estate Information Corporation, EXCO Resources Inc, Daqo New Energy Corp, and Artio Global Investors Inc. 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 Ferrellgas Partners LP (FGP) fell by 6.63% or $-1.61/share to $22.61. In the past year, the shares have traded as low as $20.49 and as high as $27.93. On average, 268040 shares of FGP exchange hands on a given day and today's volume is recorded at 1053647.

Shares of China Real Estate Information Corporation (CRIC) fell by 1.13% or $-0.06/share to $5.25. In the past year, the shares have traded as low as $5.23 and as high as $11.74. On average, 158690 shares of CRIC exchange hands on a given day and today's volume is recorded at 104629.

Shares of EXCO Resources Inc (XCO) traded higher by 0.54% or $0.10/share to $18.55. In the past year, the shares have traded as low as $13.19 and as high as $21.04. On average, 2070870 shares of XCO exchange hands on a given day and today's volume is recorded at 1147932.

Shares of Daqo New Energy Corp (DQ) fell by 3.28% or $-0.29/share to $8.54. In the past year, the shares have traded as low as $8.69 and as high as $15.43. On average, 248500 shares of DQ exchange hands on a given day and today's volume is recorded at 131321.

Shares of Artio Global Investors Inc (ART) traded higher by 0.56% or $0.07/share to $12.6. In the past year, the shares have traded as low as $12.30 and as high as $18.04. On average, 241900 shares of ART exchange hands on a given day and today's volume is recorded at 296983.