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Wednesday, May 9, 2012

Overselling Alert: (WRC), (MINI), (FFG), (SNCR), (PBY)

On May 9, these stocks were spotted as oversold: Warnaco Group Inc, Mobile Mini, Inc, FBL Financial Group Inc, Synchronoss Technologies, Inc, and Pep Boys - Manny, Moe & Jack. 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 Warnaco Group Inc (WRC) fell by 0.11% or $-0.05/share to $46.02. In the past year, the shares have traded as low as $40.08 and as high as $60.69. On average, 722560 shares of WRC exchange hands on a given day and today's volume is recorded at 874644.

Shares of Mobile Mini, Inc (MINI) fell by 2.01% or $-0.32/share to $15.6. In the past year, the shares have traded as low as $14.97 and as high as $23.08. On average, 168980 shares of MINI exchange hands on a given day and today's volume is recorded at 261808.

Shares of FBL Financial Group Inc (FFG) fell by 0.72% or $-0.19/share to $26.26. In the past year, the shares have traded as low as $24.36 and as high as $36.82. On average, 89480 shares of FFG exchange hands on a given day and today's volume is recorded at 85325.

Shares of Synchronoss Technologies, Inc (SNCR) traded higher by 2.32% or $0.47/share to $20.69. In the past year, the shares have traded as low as $19.70 and as high as $38.90. On average, 429630 shares of SNCR exchange hands on a given day and today's volume is recorded at 725525.

Shares of Pep Boys - Manny, Moe & Jack (PBY) fell by 0.77% or $-0.09/share to $11.64. In the past year, the shares have traded as low as $8.14 and as high as $15.46. On average, 1065570 shares of PBY exchange hands on a given day and today's volume is recorded at 329046.