Focus Media Holding Ltd. (FMCN): Today's Featured Media Loser

The media industry closed the day up 1.9%. SearchMedia Holdings ( IDI), Noah Education Holdings ( NED), New Frontier Media Inc ( NOOF), and Gray Television Inc ( GTN.A) were all decliners today within the media industry with Focus Media ( FMCN) being today's featured media loser. Focus Media fell 24 cents (-1%) to $24.66 on average volume. Throughout the day, 3.7 million shares of Focus Media exchanged hands as compared to its average daily volume of 3.1 million shares.

Focus Media Holding Limited, a multi-platform digital media company, operates liquid crystal display (LCD) network using audiovisual digital displays in China. Focus Media has a market cap of $3.5 billion and is part of the services sector. The company has a P/E ratio of 25.5, above the average media industry P/E ratio of 12.3 and above the S&P 500 P/E ratio of 17.7. Shares are up 13.5% year to date as of the close of trading on Monday.

TheStreet Ratings rates Focus Media as a hold. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, robust revenue growth and impressive record of earnings per share growth. However, as a counter to these strengths, we find that the company's return on equity has been disappointing.

On the positive front, Private Media Group Inc ( PRVT), Beasley Broadcast Group Inc ( BBGI), Seven Arts Entertainment Inc ( SAPX), and Crown Media Holdings Inc ( CRWN) were all gainers within the media industry with News ( NWSA) being today's featured media industry winner.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the media industry could consider PowerShares Dynamic Media ( PBS) while those bearish on the media industry could consider ProShares Ultra Sht Consumer Services ( SCC).

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