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Thursday, May 31, 2012

Overselling Alert: (MANT), (PWE), (BRS), (SKM), (SKYW)

On May 31, these stocks were spotted as oversold: ManTech International Corporation, Penn West Petroleum Ltd, Bristow Group, Inc, SK Telecom Co. Ltd, and SkyWest 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 ManTech International Corporation (MANT) fell by 0.28% or $-0.06/share to $21.71. In the past year, the shares have traded as low as $21.72 and as high as $45.40. On average, 274250 shares of MANT exchange hands on a given day and today's volume is recorded at 74446.

Shares of Penn West Petroleum Ltd (PWE) traded higher by 0.30% or $0.04/share to $13.19. In the past year, the shares have traded as low as $12.12 and as high as $24.67. On average, 1838910 shares of PWE exchange hands on a given day and today's volume is recorded at 1204298.

Shares of Bristow Group, Inc (BRS) fell by 4.74% or $-1.95/share to $39.18. In the past year, the shares have traded as low as $37.60 and as high as $52.37. On average, 274790 shares of BRS exchange hands on a given day and today's volume is recorded at 385148.

Shares of SK Telecom Co. Ltd (SKM) fell by 1.74% or $-0.20/share to $11.3. In the past year, the shares have traded as low as $11.32 and as high as $18.83. On average, 2118990 shares of SKM exchange hands on a given day and today's volume is recorded at 778500.

Shares of SkyWest Inc (SKYW) fell by 0.85% or $-0.06/share to $7.0. In the past year, the shares have traded as low as $7.02 and as high as $15.36. On average, 408540 shares of SKYW exchange hands on a given day and today's volume is recorded at 239448.