On October 4, these stocks were spotted as oversold: Silver Standard Resources Inc, C&J Energy Services, Inc. Commo, Nordic American Tanker Shipping Ltd, Mechel OAO, and Homex Development Corp. 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 Silver Standard Resources Inc (SSRI) fell by 5.60% or $-0.99/share to $16.7. In the past year, the shares have traded as low as $17.59 and as high as $35.94. On average, 1254830 shares of SSRI exchange hands on a given day and today's volume is recorded at 1022801.
Shares of C&J Energy Services, Inc. Commo (CJES) fell by 1.64% or $-0.24/share to $14.43. In the past year, the shares have traded as low as $14.29 and as high as $32.94. On average, 842380 shares of CJES exchange hands on a given day and today's volume is recorded at 820893.
Shares of Nordic American Tanker Shipping Ltd (NAT) fell by 1.06% or $-0.13/share to $12.16. In the past year, the shares have traded as low as $12.25 and as high as $26.21. On average, 420230 shares of NAT exchange hands on a given day and today's volume is recorded at 482915.
Shares of Mechel OAO (MTL) fell by 4.99% or $-0.46/share to $8.76. In the past year, the shares have traded as low as $9.16 and as high as $34.73. On average, 2844290 shares of MTL exchange hands on a given day and today's volume is recorded at 3612839.
Shares of Homex Development Corp (HXM) fell by 3.59% or $-0.47/share to $12.63. In the past year, the shares have traded as low as $13.01 and as high as $35.89. On average, 234880 shares of HXM exchange hands on a given day and today's volume is recorded at 304328.
