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Friday, April 27, 2012

Time To Buy These Oversold Stocks?: (CELL), (MXWL)

On April 27, these stocks were spotted as oversold: Brightpoint Inc, and Maxwell Technologies 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 Brightpoint Inc (CELL) fell by 10.86% or $-0.76/share to $6.24. In the past year, the shares have traded as low as $6.90 and as high as $12.05. On average, 648590 shares of CELL exchange hands on a given day and today's volume is recorded at 1800764.

Shares of Maxwell Technologies Inc (MXWL) fell by 37.28% or $-5.89/share to $9.91. In the past year, the shares have traded as low as $13.78 and as high as $21.49. On average, 215970 shares of MXWL exchange hands on a given day and today's volume is recorded at 5419406.