Top Oversold Healthcare Stocks Offer Investment Potential

Investors may find opportunities in the healthcare sector by focusing on oversold stocks. “Oversold” describes assets that have experienced significant price declines, suggesting they might be undervalued.

The Relative Strength Index (RSI) serves as a momentum indicator, measuring a stock’s performance on days it increases compared to days with declines. A stock is typically deemed oversold when its RSI falls below 30, according to Benzinga Pro. Below, we highlight some prominent stocks in the healthcare sector that fit this criteria.

Edgewise Therapeutics Inc EWTX

• On April 2, Edgewise Therapeutics announced an underwritten public offering of 9.94 million shares priced at $20.13 per share, aiming to raise about $200 million. This offering will close on April 3, pending standard conditions. The company’s stock has dropped approximately 55% over the past month, reaching a 52-week low of $10.60.
• RSI Value: 27.5
• EWTX Price Action: On Wednesday, shares of Edgewise Therapeutics increased 8.8%, closing at $12.50.
• Currently, Edgewise has a momentum score of 15.43.

Genfit SA GNFT

• On February 7, HC Wainwright & Co. analyst Ed Arce reiterated a Buy rating for Genfit, maintaining a price target of $13. The company’s stock fell approximately 27% in the last week, hitting a 52-week low of $2.55.
• RSI Value: 29.3
• GNFT Price Action: Share prices of Genfit dropped 21.4%, closing at $2.64 on Wednesday.
• Benzinga Pro’s charting tool spotlighted the trend in GNFT stock.

CAMP4 Therapeutics Corp CAMP

• On March 27, CAMP4 reported a quarterly loss of $11.04 per share, aligning with analyst expectations. CEO Josh Mandel-Brehm stated, “We are off to a strong start in 2025, building on the momentum of a successful 2024.” The company’s stock fell approximately 49% over the past month, with a 52-week low of $0.39.
• RSI Value: 23.1
• CAMP Price Action: Shares decreased 7.4%, closing at $2.14 on Wednesday.
• Benzinga Pro’s signals indicated a potential breakout for CAMP shares.

To explore BZ Edge Rankings further, click here to review scores for other stocks in the healthcare sector and how they compare.

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