On May 15, these stocks were spotted as oversold: Mechel OAO, Penn West Petroleum Ltd, Sony Corporation, Warnaco Group Inc, and Northern Dynasty Minerals Ltd. 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 4.05% or $-0.27/share to $6.51. In the past year, the shares have traded as low as $6.77 and as high as $27.41. On average, 3272820 shares of MTL exchange hands on a given day and today's volume is recorded at 1296003.
Shares of Penn West Petroleum Ltd (PWE) fell by 1.12% or $-0.16/share to $14.1. In the past year, the shares have traded as low as $12.12 and as high as $24.67. On average, 1747020 shares of PWE exchange hands on a given day and today's volume is recorded at 1251781.
Shares of Sony Corporation (SNE) fell by 1.13% or $-0.16/share to $14.04. In the past year, the shares have traded as low as $13.97 and as high as $28.13. On average, 1772070 shares of SNE exchange hands on a given day and today's volume is recorded at 501645.
Shares of Warnaco Group Inc (WRC) fell by 1.24% or $-0.56/share to $44.77. In the past year, the shares have traded as low as $40.08 and as high as $60.69. On average, 740500 shares of WRC exchange hands on a given day and today's volume is recorded at 225139.
Shares of Northern Dynasty Minerals Ltd (NAK) fell by 1.46% or $-0.06/share to $4.06. In the past year, the shares have traded as low as $4.01 and as high as $12.98. On average, 159300 shares of NAK exchange hands on a given day and today's volume is recorded at 237602.
