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Wednesday, March 28, 2012

Overselling Alert: (PAM), (KDN)

On March 28, these stocks were spotted as oversold: Pampa Energia SA, and Kaydon 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 Pampa Energia SA (PAM) fell by 0.47% or $-0.04/share to $8.4. In the past year, the shares have traded as low as $8.07 and as high as $16.02. On average, 89340 shares of PAM exchange hands on a given day and today's volume is recorded at 23638.

Shares of Kaydon Corporation (KDN) fell by 2.15% or $-0.57/share to $25.73. In the past year, the shares have traded as low as $25.83 and as high as $39.45. On average, 329150 shares of KDN exchange hands on a given day and today's volume is recorded at 381195.