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

Monday, May 14, 2012

Time To Buy These Oversold Stocks?: (MCHP), (SWC), (QSII), (BLKB), (JEF)

On May 14, these stocks were spotted as oversold: Microchip Technology Inc, Stillwater Mining Co, Quality Systems Inc, Blackbaud Inc, and Jefferies Group, 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 Microchip Technology Inc (MCHP) fell by 0.53% or $-0.17/share to $31.73. In the past year, the shares have traded as low as $28.63 and as high as $39.79. On average, 1984230 shares of MCHP exchange hands on a given day and today's volume is recorded at 1648026.

Shares of Stillwater Mining Co (SWC) fell by 2.24% or $-0.20/share to $8.74. In the past year, the shares have traded as low as $7.31 and as high as $24.04. On average, 2082739 shares of SWC exchange hands on a given day and today's volume is recorded at 787794.

Shares of Quality Systems Inc (QSII) fell by 0.38% or $-0.11/share to $29.92. In the past year, the shares have traded as low as $28.82 and as high as $50.24. On average, 556040 shares of QSII exchange hands on a given day and today's volume is recorded at 722278.

Shares of Blackbaud Inc (BLKB) fell by 2.32% or $-0.64/share to $26.91. In the past year, the shares have traded as low as $20.64 and as high as $34.00. On average, 209540 shares of BLKB exchange hands on a given day and today's volume is recorded at 71715.

Shares of Jefferies Group, Inc (JEF) fell by 3.00% or $-0.43/share to $13.92. In the past year, the shares have traded as low as $9.41 and as high as $23.05. On average, 2088679 shares of JEF exchange hands on a given day and today's volume is recorded at 1546281.