NEW YORK ( TheStreet) -- Molson Coors Brewing Company (NYSE: TAP.A) has been downgraded by TheStreet Ratings from buy to hold. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and reasonable valuation levels. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and weak operating cash flow. Molson Coors Brewing Company brews, markets, sells, and distributes beer brands. The company sells its products in Canada, under the brand names of Coors Light, Canadian, Export, Molson Canadian 67, Molson Dry, Molson M, Creemore, Rickard's Red, Carling, and Pilsner. The company has a P/E ratio of 12.4, below the S&P 500 P/E ratio of 23.5. Molson Coors Brewing has a market cap of $124.5 million and is part of the consumer goods sector and food & beverage industry. The stock last closed at $47.50 and the average volume of shares traded for Molson Coors Brewing has been 400 shares per day over the past 30 days. Shares are down 5% year to date as of the close of trading on Wednesday.