On June 8, these stocks were spotted as oversold: Sims Metal Management Limited, Tempur Pedic International Inc, and Higher One 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 Sims Metal Management Limited (SMS) fell by 2.00% or $-0.20/share to $9.82. In the past year, the shares have traded as low as $9.88 and as high as $19.01. On average, 68510 shares of SMS exchange hands on a given day and today's volume is recorded at 40040.
Shares of Tempur Pedic International Inc (TPX) traded higher by 8.08% or $1.81/share to $24.2. In the past year, the shares have traded as low as $21.05 and as high as $87.43. On average, 3776170 shares of TPX exchange hands on a given day and today's volume is recorded at 8792703.
Shares of Higher One Inc (ONE) fell by 1.53% or $-0.17/share to $10.96. In the past year, the shares have traded as low as $10.90 and as high as $21.50. On average, 384650 shares of ONE exchange hands on a given day and today's volume is recorded at 124741.
