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Thursday, August 4, 2011

Selling Overdone In These Names: (PKI), (QUAD), (QTM), (GGB), (BRKR)

On August 4, these stocks were spotted as oversold: PerkinElmer Inc, Quad/Graphics, Inc, Quantum Corporation, Gerdau S.A, and Bruker 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 PerkinElmer Inc (PKI) fell by 1.98% or $-0.45/share to $22.26. In the past year, the shares have traded as low as $19.50 and as high as $28.68. On average, 871160 shares of PKI exchange hands on a given day and today's volume is recorded at 859703.

Shares of Quad/Graphics, Inc (QUAD) fell by 5.38% or $-1.54/share to $27.11. In the past year, the shares have traded as low as $28.48 and as high as $49.09. On average, 144430 shares of QUAD exchange hands on a given day and today's volume is recorded at 156557.

Shares of Quantum Corporation (QTM) fell by 4.20% or $-0.10/share to $2.28. In the past year, the shares have traded as low as $1.11 and as high as $4.45. On average, 2631750 shares of QTM exchange hands on a given day and today's volume is recorded at 695843.

Shares of Gerdau S.A (GGB) fell by 7.24% or $-0.62/share to $7.94. In the past year, the shares have traded as low as $8.23 and as high as $15.62. On average, 7847480 shares of GGB exchange hands on a given day and today's volume is recorded at 6876150.

Shares of Bruker Corporation (BRKR) fell by 5.65% or $-0.84/share to $14.03. In the past year, the shares have traded as low as $11.82 and as high as $21.65. On average, 943180 shares of BRKR exchange hands on a given day and today's volume is recorded at 964526.