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 ?
Week to date decline of 6.1% cover a period of depressed price performance for stocks, with volumes and returns closely resembling FY08-09, a period of record weakness in equity market performance, highlighting the multi-faceted nature of the prevailing market sell-off.
Yet as the depressed price of oil dominates the news, it is noteworthy that production in February 2016 was actually higher than one year prior, by about 8 percent according to monthly production figures released by the Alaska Oil and Gas Conservation Commission.
As oil prices drop, producers will undoubtedly renegotiate their expensive oil service contracts, slash wages for their workforce and cut perks to bring their costs in line with the depressed price for crude.
Crest said it is suing the boards of both Sprint and Clearwire for intentionally agreeing an artificially depressed price for the transaction.
That's according to the North-East NFU following concerns that large numbers of older cattle coming on to the market could cause downward pressure on an already depressed price for beef.
Even so, those rates were up 7.6% compared to the depressed price levels of a year ago.
At the current, depressed price of $1 for a ton of carbon emissions in the marketplace, this building could generate $30,000 or more over a ten-year period.
Over the last year, the country has staggered from the weight of US$2.8 billion in El Nino damages and the depressed price of its leading commodity--oil.
The company has cited depressed price of cobalt as a reason for temporary suspension of operations.
There clearly is a substantial number of 'greedy' Buffett followers in Dubai who're set to make the most of these depressed prices when the market bounces back.
The presidents of the Scottish, English, Welsh and Ulster farmers' unions met in crisis talks at the Royal Welsh show at Llanelwedd as the beef industry struggles with a long period of depressed prices, and their short-term solution was an appeal to retailers to step up the promotion of UK-produced beef which is safe, high quality and fully traceable.
Oversupply in Nairobi's prime residential market led to depressed prices and rents, resulting in declines last year, according to real estate and property management firm Knight Frank.