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Tuesday, April 24, 2012

Time To Buy These Oversold Stocks?: (EDMC), (XG)

On April 24, these stocks were spotted as oversold: Education Management Corporation, and Extorre Gold Mines Limited. 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 Education Management Corporation (EDMC) fell by 0.41% or $-0.05/share to $12.05. In the past year, the shares have traded as low as $11.90 and as high as $29.90. On average, 217250 shares of EDMC exchange hands on a given day and today's volume is recorded at 135895.

Shares of Extorre Gold Mines Limited (XG) fell by 0.96% or $-0.04/share to $4.11. In the past year, the shares have traded as low as $4.03 and as high as $15.42. On average, 129639 shares of XG exchange hands on a given day and today's volume is recorded at 59285.