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Friday, August 26, 2011

PAA Natural Gas Storage Is Oversold

On August 26, PAA Natural Gas Storage, L.P was spotted as oversold. The price of the shares 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 PAA Natural Gas Storage, L.P (PNG) fell by 0.15% or $-0.03/share to $16.94. In the past year, the shares have traded as low as $16.82 and as high as $24.64. On average, 63810 shares of PNG exchange hands on a given day and today's volume is recorded at 35575.