Any insightful investor knows there is always a reason a stock is trading at a deep discount. Perhaps it has a very small market cap and very few analysts follow it. Maybe there is an underlying issue with the business or possibly the market as a whole has decided to pull back. It's also possible the stock is wildly undervalued and investors haven't yet caught on. With that said, here are six stocks trading fairly close to 52-week lows, which may warrant further research:
Uroplasty, Inc. (UPI) is a medical device company that develops and manufacturers products that most of us generally aren't excited to talk about. Uroplasty produces two products: (1) The Urgent PC system, a FDA-approved therapy for urinary incontinence and (2) the Macroplastique, which is a relatively similar product marketed for women. UPI has a market cap of $73 million and is trading toward the lower end of its 52-week range of $3.20 to $9.11.
Partner Communicatiosn Company Ltd. (PTNR) is a mobile telephone network operator that covers 98% of the Israeli population. Its services include roaming, voice mail, messaging, picture messaging, ringtone and game downloads. PTNR has a market cap of $1.2 billion and is trading toward the lower end of its 52-week range of $7.56 to $20.71.
Mission New Energy Ltd. (MNEL) is a producer of biodiesel that focuses on wholesale biodiesel distribution in Malaysia, and India. The company also generates and delivers windmill-powered electricity. MNEL is a small company with a market cap of $13 million that is trading toward the lower end of its 52-week range of $$0.17 to $9.04.
Fortress Paper Ltd. (OTC:FTPLF) produces security and other speciality papers incuding blank banknote, passport and visa documents. FTP has a market cap of $471 million and is trading toward the lower end of its 52-week range of $24.00 to $63.15.
Capital City Bank Group, Inc. (CCBG) is a bank holding company that provides traditional deposit and credit servies, asset management, trust, mortgage banking, merchant services, bank cards, data processing and securities brokerage services. CCBG has a market cap of $155 million and is trading toward the lower end of its 52-week range of $8.84 to $13.52.
Amyris Inc. (AMRS) develops renewable compounds for industrial synthetic biology platforms, providing alternatives to petroleum-source products. It genetically modifies microorganisms and converts plant sugars into molecules. AMRS has a market cap of $449 million and is trading toward the lower end of its 52-week range of $9.53 to $33.95.
Again, despite the fact these stocks are trading near 52-week lows, it's always a safe idea to perform due diligence prior to jumping on board and purchasing shares, however, these stocks may be an appropriate place to begin research based on risk tolerance and investing methods.
Disclaimer: This article is intended to be informative and should not be construed as personalized advice as it does not take into account your specific situation or objectives.