The most oversold stocks in the materials sector presents an opportunity to buy into undervalued companies.
Here’s the latest list of major oversold players in this sector, having an RSI near or below 30.
O-i Glass, Inc (NYSE: OI )
On July 28, O-I Glass reported worse-than-expected second-quarter financial results. The company’s stock fell around 28% over the past month and has a 52-week low of $7.00. RSI Value: 29.9 OI Price Action: Shares of O-i Glass fell 5% to close at $7.10 on Thursday. Edge Stock Ratings: 2.47 Momentum score.Compass Minerals International, Inc. (NYSE: CMP )
Ecovyst Inc (NYSE: ECVT )
Learn more about BZ Edge Rankings—click to see scores for other stocks in the sector and s ee how they compare.
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