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Wednesday, May 16, 2012

Overselling Alert: (ABH), (CACI), (GTAT), (BLKB), (BPL)

On May 16, these stocks were spotted as oversold: Resolute Forest Products, CACI International Inc, GT Advanced Technologies Inc, Blackbaud Inc, and Buckeye 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 Resolute Forest Products (ABH) fell by 0.28% or $-0.03/share to $10.72. In the past year, the shares have traded as low as $10.64 and as high as $26.45. On average, 233900 shares of ABH exchange hands on a given day and today's volume is recorded at 131566.

Shares of CACI International Inc (CACI) fell by 0.81% or $-0.37/share to $45.58. In the past year, the shares have traded as low as $45.78 and as high as $66.49. On average, 470500 shares of CACI exchange hands on a given day and today's volume is recorded at 141476.

Shares of GT Advanced Technologies Inc (GTAT) fell by 1.70% or $-0.09/share to $5.2. In the past year, the shares have traded as low as $5.27 and as high as $17.50. On average, 2667420 shares of GTAT exchange hands on a given day and today's volume is recorded at 2991855.

Shares of Blackbaud Inc (BLKB) fell by 0.08% or $-0.02/share to $26.57. In the past year, the shares have traded as low as $20.64 and as high as $34.00. On average, 212540 shares of BLKB exchange hands on a given day and today's volume is recorded at 48280.

Shares of Buckeye Partners LP (BPL) traded higher by 0.16% or $0.08/share to $49.84. In the past year, the shares have traded as low as $49.12 and as high as $64.91. On average, 439910 shares of BPL exchange hands on a given day and today's volume is recorded at 206048.