On November 21, these stocks were spotted as oversold: Telecom Corp. of New Zealand Ltd, ITT Corporation, and Diamond Foods, 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 Telecom Corp. of New Zealand Ltd (NZT) fell by 21.19% or $-1.99/share to $7.4. In the past year, the shares have traded as low as $6.61 and as high as $11.45. On average, 489110 shares of NZT exchange hands on a given day and today's volume is recorded at 972698.
Shares of ITT Corporation (ITT) fell by 1.73% or $-0.34/share to $19.37. In the past year, the shares have traded as low as $16.60 and as high as $125.62. On average, 1561200 shares of ITT exchange hands on a given day and today's volume is recorded at 962902.
Shares of Diamond Foods, Inc (DMND) fell by 3.04% or $-1.09/share to $34.77. In the past year, the shares have traded as low as $34.93 and as high as $96.08. On average, 1047849 shares of DMND exchange hands on a given day and today's volume is recorded at 403174.
