On June 5, these stocks were spotted as oversold: Brightpoint Inc, Electro Scientific Industries Inc, Sycamore Networks Inc, Higher One Inc, and Sims Metal Management Limited. 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 Brightpoint Inc (CELL) remained unchanged at $4.56. In the past year, the shares have traded as low as $4.50 and as high as $12.05. On average, 611630 shares of CELL exchange hands on a given day and today's volume is recorded at 140870.
Shares of Electro Scientific Industries Inc (ESIO) traded higher by 0.18% or $0.02/share to $10.91. In the past year, the shares have traded as low as $10.68 and as high as $20.60. On average, 105480 shares of ESIO exchange hands on a given day and today's volume is recorded at 69767.
Shares of Sycamore Networks Inc (SCMR) traded higher by 0.99% or $0.13/share to $13.26. In the past year, the shares have traded as low as $13.02 and as high as $23.55. On average, 101980 shares of SCMR exchange hands on a given day and today's volume is recorded at 105002.
Shares of Higher One Inc (ONE) fell by 0.98% or $-0.11/share to $11.1. In the past year, the shares have traded as low as $11.01 and as high as $21.50. On average, 372530 shares of ONE exchange hands on a given day and today's volume is recorded at 414778.
Shares of Sims Metal Management Limited (SMS) fell by 1.00% or $-0.10/share to $9.94. In the past year, the shares have traded as low as $9.88 and as high as $19.01. On average, 69570 shares of SMS exchange hands on a given day and today's volume is recorded at 13855.
