There are currently four stocks, of market capitalization of at least $500 million each which are trading at a maximum of 5% from their 52-week stock prices low. While low prices alone do not mean that it is cheap to buy stocks as the stocks themselves might not be fundamentally sound despite having a decent market cap of $500 million each, the debt-to-equity ratio of each of these four companies is also quite decent at less than 5% each. So what are these four stocks? Lets find out below now.
1) Golden Energy and Resources Limited or commonly called GEAR
2) NSL Limited
3) Raffles Medical Group Limited
4) Yeo Hiap Seng Limited
Technically, GEAR stock currently trades at $0.425 and in an oversold region. The stock has recently rebounded off its technical support at $0.405 (reached intra-day) and has marched to a high of $0.465 two ......