NEW YORK (
) hit a new 52-week low Wednesday as it is currently trading at $4.10, below its previous 52-week low of $4.12 with 1.9 million shares traded as of 2:55 p.m. ET. Average volume has been 1.5 million shares over the past 30 days.
KIT Digital has a market cap of $202.8 million and is part of the
industry. Shares are up 45% year to date as of the close of trading on Tuesday.
KIT digital, Inc., through its subsidiaries, provides end-to-end video asset management software and related services to enterprise clients.
- Sign up for TheStreet's FREE Dividend and Income Investor Newsletter
TheStreet Ratings rates KIT Digital 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 impressive record of earnings per share growth. However, as a counter to these strengths, we find that the stock has had a generally disappointing performance in the past year. You can view the full
or get investment ideas from our