Oversold Stocks: Global Geophysical Services (NYSE:GGS), Transcept Pharmaceuticals (NASDAQ:TSPT), Covisint Corp (NASDAQ:COVS), ReachLocal (NASDAQ:RLOC)

Global Geophysical Services, Inc. (NYSE:GGS) announced preliminary unaudited financial results for the fourth quarter and full year ended December 31, 2013. Global Geophysical Services, Inc. (NYSE:GGS) stock performance was -60.68% in last session and finished the day at $0.46. Traded volume was 9.55million shares in the last session and the average volume of the stock remained 224.06K shares. The beta of the stock remained 2.65. Global Geophysical Services, Inc. (NYSE:GGS) insider ownership is 6.60%.

Transcept Pharmaceuticals, Inc. (NASDAQ:TSPT), a specialty pharmaceutical company focused on the development and commercialization of proprietary products that address important therapeutic needs in the field of neuroscience, today announced financial results for the three and twelve months ended December 31, 2013. Transcept Pharmaceuticals Inc (NASDAQ:TSPT) dropped -3.23 percent to $3.00 Tuesday on volume of 218,965.00million shares. The intra-day range of the stock was $2.97 to $3.18. Transcept Pharmaceuticals Inc (NASDAQ:TSPT) has a market capitalization of $56.53million.

Covisint Corp (NASDAQ:COVS) was downgraded by equities researchers at Credit Suisse from an “outperform” rating to a “neutral” rating in a research report issued on Friday. Covisint Corp (NASDAQ:COVS)’s stock on Mar 18, 2014 reported a decrease of -1.72% to the closing price of $6.84. Its fifty two weeks range is $6.76 -$14.80. The total market capitalization recorded $256.44million. The overall volume in the last trading session was 220,015.00million shares. In its share capital, COVS has 37.36million outstanding shares.

ReachLocal Inc (NASDAQ:RLOC)’s share price hit a new 52-week low on Thursday after an insider sold shares in the company. On Tuesday, shares of ReachLocal, Inc. (NASDAQ:RLOC) advanced 0.41% to close the day at $9.86. Company return on investment (ROI) is -1.00% and its monthly performance is recorded as -6.72%. ReachLocal, Inc. (NASDAQ:RLOC) quarterly revenue growth is -18.58%.

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