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Monday, June 20, 2011

These Stocks Are Oversold: (MCRL), (CTEL), (TBH), (LPL), (LPS)

On June 20, these stocks were spotted as oversold: Micrel Inc, City Telecom HK Ltd, Brazilian Telecommunications Corp, LG Display Co., Ltd, and Lender Processing Services, 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 Micrel Inc (MCRL) traded higher by 0.30% or $0.03/share to $9.92. In the past year, the shares have traded as low as $8.73 and as high as $14.94. On average, 479000 shares of MCRL exchange hands on a given day and today's volume is recorded at 175753.

Shares of City Telecom HK Ltd (CTEL) fell by 2.43% or $-0.28/share to $11.24. In the past year, the shares have traded as low as $8.66 and as high as $15.55. On average, 59730 shares of CTEL exchange hands on a given day and today's volume is recorded at 79899.

Shares of Brazilian Telecommunications Corp (TBH) remained unchanged at $4.64. In the past year, the shares have traded as low as $4.53 and as high as $10.00. On average, 17720 shares of TBH exchange hands on a given day and today's volume is recorded at 15144.

Shares of LG Display Co., Ltd (LPL) fell by 0.76% or $-0.10/share to $13.02. In the past year, the shares have traded as low as $13.00 and as high as $18.92. On average, 1283250 shares of LPL exchange hands on a given day and today's volume is recorded at 1066421.

Shares of Lender Processing Services, Inc (LPS) fell by 2.06% or $-0.42/share to $20.0. In the past year, the shares have traded as low as $20.19 and as high as $34.75. On average, 1339300 shares of LPS exchange hands on a given day and today's volume is recorded at 1230106.