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Friday, June 17, 2011

These Stocks Are Oversold: (TRMD), (PRE), (TBH), (SID), (UTHR)

On June 17, these stocks were spotted as oversold: TORM A/S, PartnerRe Ltd, Brazilian Telecommunications Corp, Companhia Siderurgica Nacional, and United Therapeutics 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 TORM A/S (TRMD) fell by 5.81% or $-0.25/share to $4.05. In the past year, the shares have traded as low as $4.20 and as high as $8.58. On average, 7100 shares of TRMD exchange hands on a given day and today's volume is recorded at 24488.

Shares of PartnerRe Ltd (PRE) fell by 0.99% or $-0.68/share to $67.65. In the past year, the shares have traded as low as $67.17 and as high as $82.60. On average, 456310 shares of PRE exchange hands on a given day and today's volume is recorded at 188149.

Shares of Brazilian Telecommunications Corp (TBH) fell by 2.94% or $-0.14/share to $4.63. In the past year, the shares have traded as low as $4.70 and as high as $10.00. On average, 17170 shares of TBH exchange hands on a given day and today's volume is recorded at 26078.

Shares of Companhia Siderurgica Nacional (SID) fell by 0.08% or $-0.01/share to $12.17. In the past year, the shares have traded as low as $11.99 and as high as $17.44. On average, 4271780 shares of SID exchange hands on a given day and today's volume is recorded at 1740358.

Shares of United Therapeutics Corp (UTHR) fell by 0.02% or $-0.01/share to $54.82. In the past year, the shares have traded as low as $46.14 and as high as $70.74. On average, 864190 shares of UTHR exchange hands on a given day and today's volume is recorded at 382126.