Zoran (NASDAQ:ZRAN) downgraded to Hold from Buy at Collins Stewart. The stock closed yesterday at $12.01 on volume of 377,443 shares, below average daily volume of 766,070.
Zoran is currently above its 50-day moving average of $11.35 and above its 200-day moving average of $10.93.
SmarTrend is bullish on shares of ZRAN and our subscribers received an Uptrend alert on November 16, 2009 at $10.21, which has returned 17.6% to date.
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Ticker(s): ZRAN