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Wednesday, May 16, 2012

Stocks That Have Gotten Oversold: (MTL), (QSII), (BKI), (EPAY), (BLT)

On May 16, these stocks were spotted as oversold: Mechel OAO, Quality Systems Inc, Buckeye Technologies Inc, Bottomline Technologies Inc, and Blount International 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 Mechel OAO (MTL) fell by 0.93% or $-0.06/share to $6.37. In the past year, the shares have traded as low as $6.37 and as high as $27.43. On average, 3264390 shares of MTL exchange hands on a given day and today's volume is recorded at 3541923.

Shares of Quality Systems Inc (QSII) fell by 0.50% or $-0.15/share to $29.73. In the past year, the shares have traded as low as $28.82 and as high as $50.24. On average, 581290 shares of QSII exchange hands on a given day and today's volume is recorded at 231656.

Shares of Buckeye Technologies Inc (BKI) fell by 1.20% or $-0.35/share to $28.75. In the past year, the shares have traded as low as $22.25 and as high as $38.32. On average, 296740 shares of BKI exchange hands on a given day and today's volume is recorded at 108828.

Shares of Bottomline Technologies Inc (EPAY) traded higher by 0.16% or $0.03/share to $18.5. In the past year, the shares have traded as low as $17.05 and as high as $29.90. On average, 240860 shares of EPAY exchange hands on a given day and today's volume is recorded at 67565.

Shares of Blount International Inc (BLT) fell by 1.04% or $-0.14/share to $13.18. In the past year, the shares have traded as low as $12.46 and as high as $18.62. On average, 276780 shares of BLT exchange hands on a given day and today's volume is recorded at 56071.