Skip to main content

NEW YORK (

TheStreet

) -- Shares of

DG FastChannel

(Nasdaq:

DGIT

) were gapping up Tuesday morning with an open price 15.7% higher than Monday's closing price. The stock closed at $30.57 Monday and opened today's trading at $35.37. The average volume for DG FastChannel has been 289,500 shares per day over the past 30 days. DG FastChannel has a market cap of $846.6 million and is part of the

services

TheStreet Recommends

sector and

diversified services

industry.

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 21.4, equal to the average diversified services industry P/E ratio and below the S&P 500 P/E ratio of 23.3.

TheStreet Ratings rates DG FastChannel as a buy. 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 attractive valuation levels. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. You can view the full

DG FastChannel Ratings Report

.

null