NEW YORK (
) is trading at unusually high volume Tuesday with 1.3 million shares changing hands. It is currently at 4.1 times its average daily volume and trading up $1.38 (+7.7%) at $19.31 as of 2:46 p.m. ET.
DG FastChannel has a market cap of $654.9 million and is part of the
industry. Shares are down 37.9% year to date as of the close of trading on Monday.
DG FastChannel, Inc. provides digital technology services that enable the electronic delivery of advertisements, syndicated programs, and video news releases to traditional broadcasters, online publishers, and other media outlets. The company has a P/E ratio of 14.7, equal to the average diversified services industry P/E ratio and below the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates DG FastChannel as a
. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, impressive record of earnings per share growth, compelling growth in net income and reasonable valuation levels. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. You can view the full
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