The media industry closed the day up 2.2%. Seven Arts Entertainment Inc ( SAPX), SearchMedia Holdings ( IDI), Ku6 Media ( KUTV), and Dex One ( DEXO) were all decliners today within the media industry with QuinStreet Inc ( QNST) being today's featured media loser. QuinStreet Inc fell 5 cents (-0.4%) to $11.30 on light volume. Throughout the day, 35,268 shares of QuinStreet Inc exchanged hands as compared to its average daily volume of 379,800 shares. QuinStreet, Inc. operates as a vertical marketing and media online company in the United States and internationally. It provides direct marketing services, including the delivery of leads or paid clicks; and hosted solution and related services for clients in the direct selling industry. QuinStreet Inc has a market cap of $540.7 million and is part of the services sector. The company has a P/E ratio of 20.7, equal to the average media industry P/E ratio and above the S&P 500 P/E ratio of 17.7. Shares are down 40.9% year to date as of the close of trading on Thursday. TheStreet Ratings rates QuinStreet as a sell. The company's weaknesses can be seen in multiple areas, such as its generally disappointing historical performance in the stock itself and poor profit margins.
QuinStreet (Nasdaq:QNST) hit a new 52-week low Monday as it is currently trading at $7.89, below its previous 52-week low of $7.90 with 75,363 shares traded as of 4 p.m. ET. Average volume has been 357,300 shares over the past 30 days.