Navigate this market better. Subscribe for FREE stock alerts and information.

Monday, May 28, 2012

Selling Overdone In These Names: (PTNR), (ELX), (GEF), (VIP), (EXLS)

On May 28, these stocks were spotted as oversold: Partner Communications Company Ltd, Emulex Corporation, Greif, Inc, VimpelCom Ltd, and Exlservice Holdings, 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 Partner Communications Company Ltd (PTNR) traded higher by 2.29% or $0.10/share to $4.46. In the past year, the shares have traded as low as $4.34 and as high as $16.57. On average, 164270 shares of PTNR exchange hands on a given day and today's volume is recorded at 111303.

Shares of Emulex Corporation (ELX) fell by 0.73% or $-0.05/share to $6.76. In the past year, the shares have traded as low as $5.86 and as high as $11.19. On average, 1259440 shares of ELX exchange hands on a given day and today's volume is recorded at 830605.

Shares of Greif, Inc (GEF) fell by 0.13% or $-0.06/share to $44.49. In the past year, the shares have traded as low as $40.05 and as high as $65.57. On average, 148580 shares of GEF exchange hands on a given day and today's volume is recorded at 92813.

Shares of VimpelCom Ltd (VIP) fell by 16.27% or $-1.42/share to $7.31. In the past year, the shares have traded as low as $8.38 and as high as $13.77. On average, 2033780 shares of VIP exchange hands on a given day and today's volume is recorded at 8900104.

Shares of Exlservice Holdings, Inc (EXLS) traded higher by 0.48% or $0.11/share to $23.02. In the past year, the shares have traded as low as $20.28 and as high as $28.85. On average, 208400 shares of EXLS exchange hands on a given day and today's volume is recorded at 211513.