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Tuesday, April 24, 2012

Overselling Alert: (MTG), (PLCM), (SNDK), (HMSY), (MMI)

On April 24, these stocks were spotted as oversold: MGIC Investment Corp, Polycom, Inc, SanDisk Corp, HMS Holdings Corp, and Motorola Mobility Holdings, 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 MGIC Investment Corp (MTG) fell by 4.96% or $-0.17/share to $3.26. In the past year, the shares have traded as low as $1.51 and as high as $9.08. On average, 7135000 shares of MTG exchange hands on a given day and today's volume is recorded at 4888199.

Shares of Polycom, Inc (PLCM) fell by 0.47% or $-0.06/share to $12.6. In the past year, the shares have traded as low as $12.42 and as high as $34.30. On average, 3627180 shares of PLCM exchange hands on a given day and today's volume is recorded at 1311878.

Shares of SanDisk Corp (SNDK) traded higher by 0.08% or $0.03/share to $36.42. In the past year, the shares have traded as low as $32.24 and as high as $53.46. On average, 6633020 shares of SNDK exchange hands on a given day and today's volume is recorded at 5039595.

Shares of HMS Holdings Corp (HMSY) fell by 1.58% or $-0.41/share to $25.56. In the past year, the shares have traded as low as $19.78 and as high as $34.98. On average, 815190 shares of HMSY exchange hands on a given day and today's volume is recorded at 397641.

Shares of Motorola Mobility Holdings, Inc (MMI) fell by 2.37% or $-0.91/share to $37.52. In the past year, the shares have traded as low as $20.77 and as high as $39.81. On average, 5610430 shares of MMI exchange hands on a given day and today's volume is recorded at 9780480.