Central European Media Stock Hits New 52-Week Low (CETV)
NEW YORK (
) --
(Nasdaq:
) hit a new 52-week low Thursday as it is currently trading at $5.55, below its previous 52-week low of $5.58 with 386,082 shares traded as of 4 p.m. ET. Average volume has been 421,700 shares over the past 30 days.
Central European Media has a market cap of $318.6 million and is part of the
sector and
industry. Shares are down 14.1% year to date as of the close of trading on Wednesday.
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
. 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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