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Wednesday, May 30, 2012

Overselling Alert: (PBY), (SCMR), (CACI), (SNCR), (ESIO)

On May 30, these stocks were spotted as oversold: Pep Boys - Manny, Moe & Jack, Sycamore Networks Inc, CACI International Inc, Synchronoss Technologies, Inc, and Electro Scientific Industries 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 Pep Boys - Manny, Moe & Jack (PBY) fell by 20.02% or $-2.22/share to $8.87. In the past year, the shares have traded as low as $8.14 and as high as $15.46. On average, 996900 shares of PBY exchange hands on a given day and today's volume is recorded at 8138200.

Shares of Sycamore Networks Inc (SCMR) fell by 1.09% or $-0.15/share to $13.59. In the past year, the shares have traded as low as $13.70 and as high as $24.84. On average, 84350 shares of SCMR exchange hands on a given day and today's volume is recorded at 81321.

Shares of CACI International Inc (CACI) fell by 1.06% or $-0.47/share to $43.73. In the past year, the shares have traded as low as $42.89 and as high as $66.49. On average, 499540 shares of CACI exchange hands on a given day and today's volume is recorded at 168837.

Shares of Synchronoss Technologies, Inc (SNCR) fell by 4.74% or $-0.85/share to $17.08. In the past year, the shares have traded as low as $17.62 and as high as $38.90. On average, 475020 shares of SNCR exchange hands on a given day and today's volume is recorded at 179288.

Shares of Electro Scientific Industries Inc (ESIO) fell by 3.93% or $-0.46/share to $11.24. In the past year, the shares have traded as low as $10.76 and as high as $20.74. On average, 101250 shares of ESIO exchange hands on a given day and today's volume is recorded at 38634.