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Wednesday, May 9, 2012

Selling Overdone In These Names: (CACI), (PBH), (SA), (KGC), (FOSL)

On May 9, these stocks were spotted as oversold: CACI International Inc, Prestige Brands Holdings, Inc, Seabridge Gold, Inc, Kinross Gold Corporation, and Fossil, 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 CACI International Inc (CACI) fell by 0.41% or $-0.20/share to $48.27. In the past year, the shares have traded as low as $46.36 and as high as $66.49. On average, 448990 shares of CACI exchange hands on a given day and today's volume is recorded at 361969.

Shares of Prestige Brands Holdings, Inc (PBH) fell by 0.52% or $-0.07/share to $13.32. In the past year, the shares have traded as low as $8.15 and as high as $17.86. On average, 730000 shares of PBH exchange hands on a given day and today's volume is recorded at 383589.

Shares of Seabridge Gold, Inc (SA) traded higher by 0.76% or $0.11/share to $14.57. In the past year, the shares have traded as low as $14.10 and as high as $31.38. On average, 329800 shares of SA exchange hands on a given day and today's volume is recorded at 266061.

Shares of Kinross Gold Corporation (KGC) traded higher by 0.13% or $0.01/share to $7.79. In the past year, the shares have traded as low as $7.66 and as high as $18.05. On average, 9224460 shares of KGC exchange hands on a given day and today's volume is recorded at 19419708.

Shares of Fossil, Inc (FOSL) fell by 0.25% or $-0.20/share to $78.32. In the past year, the shares have traded as low as $69.57 and as high as $139.21. On average, 1632300 shares of FOSL exchange hands on a given day and today's volume is recorded at 3270831.