Nov 02, 2011 (SmarTrend(R) Spotlight via COMTEX) --

AsiaInfo Holdings (NASDAQ:ASIA - Snapshot Report) downgraded to Equal Weight from Overweight at Morgan Stanley. The stock closed yesterday at $7.81 on volume of 2,596,800 shares, above average daily volume of 927,594.

AsiaInfo Holdings is currently below its 50-day moving average of $9.64 and below its 200-day moving average of $15.68.

SmarTrend currently has shares of AsiaInfo Holdings in an Downtrend and issued the Downtrend alert on November 01, 2011 at $8.32. The stock has fallen 6.2% since the Downtrend alert was issued.

Source:zacks