NEW YORK ( TheStreet) -- Imergent (AMEX: IIG) has been downgraded by TheStreet Ratings from hold to sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, disappointing return on equity, generally disappointing historical performance in the stock itself and feeble growth in its earnings per share. iMergent, Inc. provides e-commerce technology, training, services, and various cloud-based technologies and resources to entrepreneurs, and small, medium, and large enterprises. The company has a P/E ratio of 5.1, below the average internet industry P/E ratio of 85.5 and below the S&P 500 P/E ratio of 22.7. Imergent has a market cap of $58.5 million and is part of the technology sector and internet industry. Shares are up 14% year to date as of the close of trading on Wednesday. You can view the full Imergent Ratings Report or get investment ideas from our investment research center.