On April 9, these stocks were spotted as oversold: Polycom, Inc, McMoRan Exploration Co, Parametric Technology Corporation, Eagle Rock Energy Partners, L.P, and Alliance Resource Partners LP. 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 Polycom, Inc (PLCM) fell by 3.71% or $-0.54/share to $14.02. In the past year, the shares have traded as low as $14.41 and as high as $34.30. On average, 3056730 shares of PLCM exchange hands on a given day and today's volume is recorded at 4259441.
Shares of McMoRan Exploration Co (MMR) fell by 4.01% or $-0.39/share to $9.33. In the past year, the shares have traded as low as $8.25 and as high as $19.26. On average, 2768440 shares of MMR exchange hands on a given day and today's volume is recorded at 4770226.
Shares of Parametric Technology Corporation (PMTC) fell by 4.52% or $-0.97/share to $20.49. In the past year, the shares have traded as low as $14.25 and as high as $28.95. On average, 1610760 shares of PMTC exchange hands on a given day and today's volume is recorded at 1428957.
Shares of Eagle Rock Energy Partners, L.P (EROC) fell by 1.88% or $-0.18/share to $9.4. In the past year, the shares have traded as low as $8.17 and as high as $12.13. On average, 435790 shares of EROC exchange hands on a given day and today's volume is recorded at 168053.
Shares of Alliance Resource Partners LP (ARLP) fell by 3.79% or $-2.12/share to $53.8. In the past year, the shares have traded as low as $55.45 and as high as $82.74. On average, 124400 shares of ARLP exchange hands on a given day and today's volume is recorded at 172576.
