On August 2, these stocks were spotted as oversold: US Airways Group, Inc, Sprint Nextel Corp, Alere Inc, Qiagen NV, and Teekay Corporation. 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 US Airways Group, Inc (LCC) fell by 5.38% or $-0.32/share to $5.64. In the past year, the shares have traded as low as $5.77 and as high as $12.26. On average, 6773900 shares of LCC exchange hands on a given day and today's volume is recorded at 6612786.
Shares of Sprint Nextel Corp (S) fell by 4.20% or $-0.18/share to $4.11. In the past year, the shares have traded as low as $3.70 and as high as $6.45. On average, 53216740 shares of S exchange hands on a given day and today's volume is recorded at 102218232.
Shares of Alere Inc (ALR) fell by 2.17% or $-0.63/share to $28.4. In the past year, the shares have traded as low as $26.61 and as high as $41.18. On average, 713460 shares of ALR exchange hands on a given day and today's volume is recorded at 545439.
Shares of Qiagen NV (QGEN) fell by 0.49% or $-0.08/share to $16.4. In the past year, the shares have traded as low as $16.35 and as high as $22.20. On average, 2371820 shares of QGEN exchange hands on a given day and today's volume is recorded at 1549561.
Shares of Teekay Corporation (TK) fell by 2.97% or $-0.82/share to $26.75. In the past year, the shares have traded as low as $22.66 and as high as $37.19. On average, 380510 shares of TK exchange hands on a given day and today's volume is recorded at 204467.