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Friday, July 15, 2011

Oversold Alert: (ITG), (SHAW), (TGI), (FRO)

On July 15, these stocks were spotted as oversold: Investment Technology Group Inc, Shaw Group Inc, Triumph Group, Inc, and Frontline Ltd. 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 Investment Technology Group Inc (ITG) fell by 1.43% or $-0.16/share to $11.0. In the past year, the shares have traded as low as $11.12 and as high as $19.87. On average, 458140 shares of ITG exchange hands on a given day and today's volume is recorded at 562654.

Shares of Shaw Group Inc (SHAW) fell by 0.65% or $-0.17/share to $25.85. In the past year, the shares have traded as low as $25.98 and as high as $41.62. On average, 1485050 shares of SHAW exchange hands on a given day and today's volume is recorded at 370517.

Shares of Triumph Group, Inc (TGI) fell by 0.57% or $-0.29/share to $50.25. In the past year, the shares have traded as low as $44.96 and as high as $1262.56. On average, 385660 shares of TGI exchange hands on a given day and today's volume is recorded at 191911.

Shares of Frontline Ltd (FRO) fell by 1.75% or $-0.21/share to $11.82. In the past year, the shares have traded as low as $11.60 and as high as $32.38. On average, 1711010 shares of FRO exchange hands on a given day and today's volume is recorded at 1277505.