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Wednesday, November 9, 2011

Selling Overdone In These Names: (ITT)

On November 9, these stocks were spotted as oversold: ITT Corporation. 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 ITT Corporation (ITT) fell by 3.34% or $-0.66/share to $19.08. In the past year, the shares have traded as low as $16.67 and as high as $126.19. On average, 1412840 shares of ITT exchange hands on a given day and today's volume is recorded at 2895789.