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Friday, August 19, 2011

Selling Overdone In These Names: (PTI), (NKA), (DV), (CLGX), (TNP)

On August 19, these stocks were spotted as oversold: Patni Computer Systems Limited, Niska Gas Storage Partners LLC, DeVry Inc, CoreLogic, Inc, and Tsakos Energy Navigation 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 Patni Computer Systems Limited (PTI) fell by 2.64% or $-0.30/share to $11.05. In the past year, the shares have traded as low as $11.24 and as high as $23.31. On average, 77510 shares of PTI exchange hands on a given day and today's volume is recorded at 28062.

Shares of Niska Gas Storage Partners LLC (NKA) traded higher by 0.89% or $0.10/share to $11.38. In the past year, the shares have traded as low as $10.95 and as high as $21.37. On average, 298320 shares of NKA exchange hands on a given day and today's volume is recorded at 158233.

Shares of DeVry Inc (DV) fell by 2.43% or $-1.00/share to $40.12. In the past year, the shares have traded as low as $36.17 and as high as $66.86. On average, 947860 shares of DV exchange hands on a given day and today's volume is recorded at 682178.

Shares of CoreLogic, Inc (CLGX) fell by 3.96% or $-0.33/share to $8.01. In the past year, the shares have traded as low as $8.17 and as high as $20.97. On average, 1027130 shares of CLGX exchange hands on a given day and today's volume is recorded at 787701.

Shares of Tsakos Energy Navigation Ltd (TNP) fell by 2.14% or $-0.14/share to $6.41. In the past year, the shares have traded as low as $6.28 and as high as $13.08. On average, 142060 shares of TNP exchange hands on a given day and today's volume is recorded at 57422.