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Friday, May 11, 2012

Stocks That Have Gotten Oversold: (EDMC), (SNE), (PBH), (EPAY), (ABFS)

On May 11, these stocks were spotted as oversold: Education Management Corporation, Sony Corporation, Prestige Brands Holdings, Inc, Bottomline Technologies Inc, and Arkansas Best Corporation. 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 Education Management Corporation (EDMC) fell by 7.28% or $-0.77/share to $9.8. In the past year, the shares have traded as low as $10.48 and as high as $29.90. On average, 218680 shares of EDMC exchange hands on a given day and today's volume is recorded at 117359.

Shares of Sony Corporation (SNE) fell by 7.48% or $-1.15/share to $14.23. In the past year, the shares have traded as low as $14.85 and as high as $28.54. On average, 1719610 shares of SNE exchange hands on a given day and today's volume is recorded at 2666205.

Shares of Prestige Brands Holdings, Inc (PBH) traded higher by 0.07% or $0.01/share to $13.35. In the past year, the shares have traded as low as $8.15 and as high as $17.86. On average, 744230 shares of PBH exchange hands on a given day and today's volume is recorded at 262822.

Shares of Bottomline Technologies Inc (EPAY) traded higher by 2.08% or $0.39/share to $19.13. In the past year, the shares have traded as low as $17.05 and as high as $29.90. On average, 235770 shares of EPAY exchange hands on a given day and today's volume is recorded at 122772.

Shares of Arkansas Best Corporation (ABFS) fell by 0.81% or $-0.11/share to $13.46. In the past year, the shares have traded as low as $13.51 and as high as $27.26. On average, 325130 shares of ABFS exchange hands on a given day and today's volume is recorded at 194981.