Top Active Trader Alert Stocks (ERII, HERO, INVE, MRVL, ZSTN)

Investing

Published: March 4, 2011 8:48 am

Active traders and day traders have many stocks to choose from this Thursday morning. We are tracking news and moves in shares of Energy Recovery, Inc. (NASDAQ: ERII), Hercules Offshore, Inc. (NASDAQ: HERO), Identive Group, Inc. (NASDAQ: INVE), Marvell Technology Group Ltd. (NASDAQ: MRVL), and ZST Digital Networks, Inc. (NASDAQ: ZSTN).

Energy Recovery, Inc. (NASDAQ: ERII) is down 8.5% on light volume to $3.15, relative to a 52-week range of $3.08-$6.77. The company was recently downgraded to “underperform” by Wedbush.

Hercules Offshore, Inc. (NASDAQ: HERO) is up 4% premarket on heavy volume to $6.07, higher than its 52-week range of $5.52-$5.89. The energy has had a great deal of momentum ahead of upcoming quarterly reports on March 9th.

Identive Group, Inc. (NASDAQ: INVE) is down 4% premarket to $3.06, relative to a 52-week range of $1.29-$3.55. This drop comes despite the fact that the company cut it 4Q losses and reported a rise in revenue.

Marvell Technology Group Ltd. (NASDAQ: MRVL) is down nearly 7% premarket on heavy volume to $17.05, relative to a 52-week range of $17.78-$18.42. The circuit-maker issued quarterly profits below market expectations.

ZST Digital Networks, Inc. (NASDAQ: ZSTN) is up 24% premarket on heavy volume to $7.32, relative to a 52-week range of $4.43-$10.38. The company announced fourth quarter and annual results, both of which exceeded expectations.

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