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Thursday, May 24, 2012

Selling Overdone In These Names: (EXLS), (JEF), (VIV), (GTAT), (ASEI)

On May 24, these stocks were spotted as oversold: Exlservice Holdings, Inc, Jefferies Group, Inc, Telefonica Brasil, S.A, GT Advanced Technologies Inc, and American Science & Engineering 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 Exlservice Holdings, Inc (EXLS) fell by 1.00% or $-0.23/share to $22.77. In the past year, the shares have traded as low as $20.28 and as high as $28.85. On average, 207200 shares of EXLS exchange hands on a given day and today's volume is recorded at 226295.

Shares of Jefferies Group, Inc (JEF) fell by 2.03% or $-0.27/share to $13.05. In the past year, the shares have traded as low as $9.41 and as high as $22.20. On average, 2124090 shares of JEF exchange hands on a given day and today's volume is recorded at 688209.

Shares of Telefonica Brasil, S.A (VIV) fell by 2.23% or $-0.55/share to $24.13. In the past year, the shares have traded as low as $23.87 and as high as $30.70. On average, 1524770 shares of VIV exchange hands on a given day and today's volume is recorded at 967925.

Shares of GT Advanced Technologies Inc (GTAT) fell by 4.01% or $-0.17/share to $4.07. In the past year, the shares have traded as low as $4.00 and as high as $17.50. On average, 2972320 shares of GTAT exchange hands on a given day and today's volume is recorded at 1297611.

Shares of American Science & Engineering Inc (ASEI) traded higher by 1.04% or $0.49/share to $47.5. In the past year, the shares have traded as low as $46.30 and as high as $85.60. On average, 63570 shares of ASEI exchange hands on a given day and today's volume is recorded at 31503.