Digital River Stock Hits New 52-Week Low (DRIV)

NEW YORK ( TheStreet) -- Digital River (Nasdaq: DRIV) hit a new 52-week low Tuesday as it is currently trading at $15.14, below its previous 52-week low of $15.18 with 122,381 shares traded as of 10:49 a.m. ET. Average volume has been 738,600 shares over the past 30 days.

Digital River has a market cap of $576.1 million and is part of the technology sector and internet industry. Shares are down 55.1% year to date as of the close of trading on Monday.

Digital River, Inc., together with its subsidiaries, provides outsourced e-commerce solutions worldwide. The company offers a range of services, which enable its clients to establish an online sales channel capability and to manage online sales. The company has a P/E ratio of 32.1, equal to the average internet industry P/E ratio and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Digital River as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, reasonable valuation levels and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, deteriorating net income and disappointing return on equity. You can view the full Digital River Ratings Report.

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