NASDAQ Low Expectations Sink Stocks (ZLCS, CY, ATML, ATVI)

Los Angelas, CA -- (SBWIRE) -- 10/10/2012 -- Zalicus (NASDAQ: ZLCS) was downgraded by analysts at MLV Capital from a hold rating to a sell rating. MLV Capital currently has a $0.50 target price on the stock. The shares dropped 7.25% and closed at $0.640 in the last trading session. Canaccord Genuity reiterated their buy rating on shares of Zalicus in a research report sent to investors on Sept. 11. Separately, analysts at Rodman & Renshaw downgraded shares of Zalicus from an outperform rating to a market perform rating in a research note to investors last month. Shares of Zalicus Inc. (NGM: ZLCS) are trading at $0.5597 and is -43.72% of its 50-day Moving Average price of $0.9946 and -48.01% from its 200-day Moving Average price of $1.0765. The average trading volume is 3211210 shares and its market capitalization is $64.7M.

Can ZLCS Recover? Find Out Here

Cypress Semicondu (NasdaqNM:CY) is -0.38 - -3.65% from the previous close of $10.40. It traded between $10.00 - 10.42 with total traded volume of 1661901 shares. Keep a close eye on CY, as the stock has been showing unusual moves over the past weeks. At Current market price,CY has recovered -1.86% from its 52-week Low of 10.21 and has Pulled back -51.12% from its 52-week high of 20.50.Cypress Semiconductor (NASDAQ: CY) shares declined 2.21% to create a new 52-week low of $10.17. Cypress Semiconductor completed its initial tender offer for all of the outstanding stock of Ramtron International.

Can CY Bounce Back? Check Here

Atmel Corporation (Nasdaq: ATML) is a worldwide leader in the design and manufacture of microcontrollers, capacitive touch solutions, advanced logic, mixed-signal, nonvolatile memory and radio frequency (RF) components. Leveraging one of the industry's broadest intellectual property (IP) technology portfolios, Atmel is able to provide the electronics industry with complete system solutions focused on industrial, consumer, communications, computing and automotive markets.Atmel Corporation (NasdaqNM:ATML) is very active today and traded between $4.865 - 5.08 with total traded volume of 3035949 shares. At a current price of 4.92, ATML is -0.10 - -1.99% from the previous close of $5.02. Moreover, At Current Market Price, ATML is in distance of -16.30% from its 50-day Moving Average price of $5.8781 and -29.28% from its 200-day Moving Average price of $6.9569.

Are these stocks a buy or sell? Let us help you decide, Check here

Activision Blizzard, Inc. (NASDAQ: ATVI) experienced no change in the day to close at $11.30 with the total traded volume of 3.93 million shares. Its 52 weeks price change was -44.38%. Its market capitalization is $12.56 billion.Its earnings per share was $0.71 with the net profit margin of 18.51% and its operating margin was 21.03%. It gained 7.62% return on equity.Activision Blizza (NasdaqNM:ATVI) is -0.105 - -0.95% from the previous close of $11.095. It traded between $10.94 - 11.10 with total traded volume of 4847948 shares. At Current Market Price, ATVI is in distance of -6.16% from its 50-day Moving Average price of $11.7117 and -8.46% from its 200-day Moving Average price of $12.0061.

Do you think now is a good time to buy or sell ATVI? See ATVI earnings forecast report Here

DISCLAIMER:

Neither HotPennyStockNews.com nor its owners, operators, affiliates or anyone disseminating information on its behalf is registered as an Investment Advisor or broker dealer in any jurisdiction whatsoever and none of the information provided by HotPennyStockNews.com, owners, operators, affiliates or anyone disseminating information on its behalf should be construed as investment advice or an investment recommendation. HotPennyStockNews.com makes no recommendation that the securities of the companies profiled should be purchased, sold or held by individuals or entities that learn of the profiled companies through HotPennyStockNews.com. Investing in securities is speculative and carries a high degree of risk and no investment should be made unless you can afford to lose your entire investment. It is possible that an investor's entire investment may be lost or impaired due to the speculative nature of the companies profiled. Please consult a broker before purchasing or selling any securities viewed on or mentioned herein..

Contact:
hotpennystocknews.com
info@hotpennystocknews.com