Technicolor (OTCMKTS:TCLRY) Upgraded at Zacks Investment Research

Zacks Investment Research upgraded shares of Technicolor (OTCMKTS:TCLRYGet Rating) from a sell rating to a hold rating in a research note released on Saturday morning, Zacks.com reports.

According to Zacks, “Technicolor, formerly known as Thomson SA, serves as an international base of entertainment, software, and gaming customers. The Company is a leading provider of production, postproduction, and distribution services to content creators, network service providers and broadcasters. Technicolor engages in film processing; manufacture and distribution of DVDs (including Blu-ray Disc); and supplying set-top boxes and gateways. The Company also operates an Intellectual Property and Licensing business unit. “

Shares of TCLRY stock opened at $0.10 on Friday. Technicolor has a one year low of $0.06 and a one year high of $0.14. The company’s fifty day moving average price is $0.10 and its 200-day moving average price is $0.10.

Technicolor Company Profile (Get Rating)

Technicolor SA develops, creates, and delivers products and services for the media and entertainment sectors in France, the United Kingdom, rest of Europe, the United States, rest of Americas, and the Asia-Pacific. It operates through three segments: Technicolor Creative Studios, DVD Services, and Connected Home.

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