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

Friday, May 18, 2012

These Stocks Are Oversold: (SID), (SHG), (SPLS), (APL), (KRO)

On May 18, these stocks were spotted as oversold: Companhia Siderurgica Nacional, Shinhan Financial Group Company Limited, Staples, Inc, Atlas Pipeline Partners LP, and Kronos Worldwide 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 Companhia Siderurgica Nacional (SID) fell by 1.97% or $-0.13/share to $6.48. In the past year, the shares have traded as low as $6.50 and as high as $13.67. On average, 4814780 shares of SID exchange hands on a given day and today's volume is recorded at 4143102.

Shares of Shinhan Financial Group Company Limited (SHG) fell by 2.97% or $-1.97/share to $64.31. In the past year, the shares have traded as low as $61.15 and as high as $101.34. On average, 28440 shares of SHG exchange hands on a given day and today's volume is recorded at 18658.

Shares of Staples, Inc (SPLS) fell by 0.34% or $-0.04/share to $13.18. In the past year, the shares have traded as low as $11.70 and as high as $16.91. On average, 10740860 shares of SPLS exchange hands on a given day and today's volume is recorded at 6919635.

Shares of Atlas Pipeline Partners LP (APL) fell by 1.49% or $-0.45/share to $29.85. In the past year, the shares have traded as low as $23.03 and as high as $39.66. On average, 359310 shares of APL exchange hands on a given day and today's volume is recorded at 168836.

Shares of Kronos Worldwide Inc (KRO) fell by 1.29% or $-0.22/share to $16.86. In the past year, the shares have traded as low as $13.96 and as high as $33.75. On average, 793790 shares of KRO exchange hands on a given day and today's volume is recorded at 630929.