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Thursday, January 19, 2012

Selling Overdone In These Names: (SJT), (HGT)

On January 19, these stocks were spotted as oversold: San Juan Basin Royalty Trust, and Hugoton Royalty Trust. 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 San Juan Basin Royalty Trust (SJT) fell by 4.96% or $-0.95/share to $18.22. In the past year, the shares have traded as low as $19.12 and as high as $26.72. On average, 164620 shares of SJT exchange hands on a given day and today's volume is recorded at 1101100.

Shares of Hugoton Royalty Trust (HGT) fell by 2.74% or $-0.39/share to $13.85. In the past year, the shares have traded as low as $14.08 and as high as $23.51. On average, 208030 shares of HGT exchange hands on a given day and today's volume is recorded at 467758.