NEW YORK (

TheStreet

) --

Digital River

(Nasdaq:

DRIV

) hit a new 52-week low Friday as it is currently trading at $18.46, below its previous 52-week low of $18.66 with 12,112 shares traded as of 9:40 a.m. ET. Average volume has been 566,300 shares over the past 30 days.

Digital River has a market cap of $757.2 million and is part of the

technology

sector and

internet

industry. Shares are down 45.6% year to date as of the close of trading on Thursday.

Digital River, Inc., together with its subsidiaries, provides outsourced e-commerce solutions worldwide. Its services assist in establishing an online sales channel capability and to manage online sales. The company has a P/E ratio of 39.8, equal to the average internet industry P/E ratio and above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Digital River as a

hold

. The company's strengths can be seen in multiple areas, such as its increase in net income, revenue growth and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself and disappointing return on equity. You can view the full

Digital River Ratings Report

.

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