NEW YORK (
) is trading at unusually high volume Wednesday with 1.6 million shares changing hands. It is currently at four times its average daily volume and trading up 59 cents (+6.5%) at $9.64 as of 12:29 p.m. ET.
Digital Generation has a market cap of $238.2 million and is part of the
industry. Shares are down 24.1% year to date as of the close of trading on Tuesday.
Digital Generation, 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 16, below the average computer hardware industry P/E ratio of 18.4 and below the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates Digital Generation 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 and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, feeble growth in the company's earnings per share and deteriorating net income. You can view the full
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