Depressed price

Depressed price

In the context of stocks, stock whose market price is low in comparison to stocks in its sector.

Depressed Price

A price for a stock that is lower than other stocks in the same or similar markets. Bargain hunters and bottom fishers often buy securities with depressed prices on the assumption that they are undervalued, which will cause higher prices. A depressed price occurs especially in a buyer's market.
References in periodicals archive ?
This review gave consideration to the depressed price of gold and its resultant effect upon the economic viability and technical development of certain of the company's mining properties.
Management believes the repurchase of shares at current depressed price levels represents an excellent use of available cash to enhance shareholder value.
com commented, "There is no doubt that North Star Diamonds offers some huge upside potential from its current depressed price of just 4 cents.
However, we are continuing our history of curtailing gas production at today's depressed price levels.
The only beneficiaries of the depressed price have been the retail merchants and industrial users of sugar who have not passed the savings on to the consuming public.
the world's largest manufacturer of aluminum wheels, announced Wednesday that it will buy back $52 million of stock to boost what it perceives as a depressed price.
In our view, this transaction represented a rare opportunity to acquire our stock advantageously, given the current depressed price and the prospects we foresee for improvement in Aztec's operations over quarters to come," Mr.
We would have been dumb not to purchase that land for that depressed price.
GMC originally optioned Escalones in late 1996 and after drilling 25 diamond drill holes with encouraging results returned the property to the original landowner in August of 2001 due to the depressed price of copper at the time.
As many investors dump their shares of growth stocks at the year end, it creates the ultimate opportunity for everyday investors like you and me to scoop up some of these low-priced stocks and hold on tight as they recover from depressed price," said Timothy Lutts, publisher.
Bermingham said: "The company's reactivation of the stock repurchase program reflects the current depressed price of our stock which is selling substantially below book value.
Cash America said the change in its definitive agreement with Express Cash, announced April 2, 1993, was negotiated to reflect what Cash America regards as the depressed price of its common stock at present.