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Friday, August 5, 2011

These Stocks Are Oversold: (DTG), (CNA), (RGA), (NKTR), (DRC)

On August 5, these stocks were spotted as oversold: Dollar Thrifty Automotive Group Inc, CNA Financial Corporation, Reinsurance Group of America Inc, Nektar Therapeutics, and Dresser-Rand Group Inc. 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 Dollar Thrifty Automotive Group Inc (DTG) fell by 4.30% or $-2.90/share to $64.58. In the past year, the shares have traded as low as $45.36 and as high as $84.28. On average, 578370 shares of DTG exchange hands on a given day and today's volume is recorded at 652799.

Shares of CNA Financial Corporation (CNA) fell by 0.45% or $-0.11/share to $24.36. In the past year, the shares have traded as low as $24.45 and as high as $31.43. On average, 178810 shares of CNA exchange hands on a given day and today's volume is recorded at 318795.

Shares of Reinsurance Group of America Inc (RGA) fell by 1.63% or $-0.85/share to $51.26. In the past year, the shares have traded as low as $42.32 and as high as $64.12. On average, 476510 shares of RGA exchange hands on a given day and today's volume is recorded at 405487.

Shares of Nektar Therapeutics (NKTR) fell by 1.48% or $-0.08/share to $5.31. In the past year, the shares have traded as low as $5.38 and as high as $16.06. On average, 1067120 shares of NKTR exchange hands on a given day and today's volume is recorded at 1721478.

Shares of Dresser-Rand Group Inc (DRC) fell by 12.94% or $-6.09/share to $40.99. In the past year, the shares have traded as low as $30.59 and as high as $56.53. On average, 1255690 shares of DRC exchange hands on a given day and today's volume is recorded at 3989322.