NEW YORK (

TheStreet

) --

Central European Media

(Nasdaq:

CETV

) hit a new 52-week low Wednesday as it is currently trading at $5.88, below its previous 52-week low of $5.89 with 101,341 shares traded as of 12:07 p.m. ET. Average volume has been 438,300 shares over the past 30 days.

Central European Media has a market cap of $340.2 million and is part of the

services

sector and

media

industry. Shares are down 8.3% year to date as of the close of trading on Tuesday.

Central European Media Enterprises Ltd., a media and entertainment company, operates broadcast, content, and new media businesses in central and eastern Europe. The company operates in three segments: Broadcast, Media Pro Entertainment, and New Media.

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TheStreet Ratings rates Central European Media as a

sell

. The company's weaknesses can be seen in multiple areas, such as its generally weak debt management, disappointing return on equity, poor profit margins, weak operating cash flow and generally disappointing historical performance in the stock itself. You can view the full

Central European Media Ratings Report

.

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