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Monday, August 8, 2011

These Stocks Are Oversold: (ITMN), (LFUS), (AKS), (NPO), (ORA)

On August 8, these stocks were spotted as oversold: InterMune Inc, Littelfuse Inc, AK Steel Holding Corporation, EnPro Industries, Inc, and Ormat Technologies 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 InterMune Inc (ITMN) fell by 8.47% or $-2.00/share to $21.62. In the past year, the shares have traded as low as $9.50 and as high as $51.71. On average, 1113780 shares of ITMN exchange hands on a given day and today's volume is recorded at 1305876.

Shares of Littelfuse Inc (LFUS) fell by 4.04% or $-1.73/share to $41.05. In the past year, the shares have traded as low as $34.64 and as high as $66.22. On average, 137410 shares of LFUS exchange hands on a given day and today's volume is recorded at 101142.

Shares of AK Steel Holding Corporation (AKS) fell by 8.88% or $-0.81/share to $8.31. In the past year, the shares have traded as low as $8.58 and as high as $17.82. On average, 8842560 shares of AKS exchange hands on a given day and today's volume is recorded at 9117502.

Shares of EnPro Industries, Inc (NPO) fell by 3.68% or $-1.52/share to $39.75. In the past year, the shares have traded as low as $26.64 and as high as $49.94. On average, 266360 shares of NPO exchange hands on a given day and today's volume is recorded at 284555.

Shares of Ormat Technologies Inc (ORA) fell by 4.48% or $-0.76/share to $16.2. In the past year, the shares have traded as low as $16.73 and as high as $31.11. On average, 240670 shares of ORA exchange hands on a given day and today's volume is recorded at 296769.